UBON RATCHATHANI, Jan 17 (TNA) – Thai police have seized
assets worth more than 900 million baht in another massive operation to
crackdown loan sharks in six northeastern provinces.
Police on Wednesday announced the results of the latest
anti-loan shark operation in six northeastern provinces, in which they searched
36 locations belonging to 20 loan shark gangs.
In addition to arresting 12 people wanted on warrants,
police has charged another suspect for involving in illegal loan sharks.
More than 400 land title deeds and vehicles with a combined
value of Bt900 million have been confiscated.
Pol Lt-General Surachet Hakpan, who heads police taskforce
against defraudation, said the coordinated operation of various law enforcement
agencies was a part of nationwide crackdown on gangs who ran unscrupulous
finance service targeting low-income people.
Loan sharks charge high interest rates under unfair loan
contracts, many debtors are forced to use their land as collateral for loans,
resulting in losses and indebtedness.
Previous police operations have helped return assets to
thousands of victims.
Police and Anti-Money Laundering Office pledged to prosecute
loan shark operators with transparency and to ensure justice for the victims.
(TNA)
