4 arrested on loan-sharking charges

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Four members of a Chantaburi-based loan-sharking ring were arrested after allegedly intimidating a businesswoman forced to pay 10,000 baht interest a day.

Manop Cherngchai, 43, Udom Kongsathit, 27, Somthrong Srinok, 24, and a 17-year-old were apprehended at Raviporn Village on Soi Nernplabwan Oct. 25. Police confiscated 28,100 baht, a pen gun and 48 bullets. A cache of marijuana also was recovered.

Manop Cherngchai, Udom Kongsathit, and Somthrong Srinok, along with a 17-year-old (not shown) have been arrested on loan sharking charges. Manop Cherngchai, Udom Kongsathit, and Somthrong Srinok, along with a 17-year-old (not shown) have been arrested on loan sharking charges.

The arrest came after Thonapath Jansawang, 32, filed a complaint with police that Manop’s accomplices had threatened her, stole her property and sat outside her shop to intimidate her daily after she fell behind on the 5 percent per day payments on her 200,000 baht loan. She said she’d kept up for two months, but recently had defaulted.

Police alleged Manop, a Chantaburi native, and his crew are part of the Pan loan-sharking ring believed to be one of the largest on the Eastern Seaboard.