Indian National Arrested in Pathum Thani for Illegal Loan Sharking
Authorities in Pathum Thani have arrested a 34-year-old Indian national on a tourist visa for operating an illegal loan sharking business with exorbitant interest rates.
On October 30, 2026, officials from the Internal Security Operations Command (ISOC) and the Pathum Thani Provincial Employment Office apprehended a 34-year-old Indian national, identified as Mr. Abi Nas, in the Bang Phun sub-district of Pathum Thani. According to Khaosod Online, the suspect was arrested near a local restaurant following an investigation into his activities.
Authorities reported that the individual entered Thailand on a tourist visa but was allegedly engaged in unauthorized lending operations. The suspect reportedly charged interest rates of 20 percent every 24 days, which equates to an annual interest rate of approximately 304 percent. During the arrest, officials seized cash and loan account books as evidence.
For residents and visitors, this case highlights the ongoing enforcement actions against foreigners violating visa conditions by engaging in unauthorized employment or illegal financial activities. While the suspect is currently in custody, the investigation into the extent of his lending network and potential accomplices remains ongoing. It is important to note that this report is based on initial findings from local authorities, and further details regarding the legal proceedings will be determined by the Thai judicial system.
