Thai Influencer Reports Massive Financial Loss from Illegal Loan App

On November 13, 2026, Thai influencer 'Benz Apache' shared a public warning regarding his experience with an illegal loan application. According to his statement on Facebook, he lost nearly 2 million baht over the course of a year after downloading an app he believed was legitimate. The application had advertised low interest rates and claimed to be certified by the Ministry of Finance, even appearing on the official App Store. Upon using the service, the influencer discovered that the loan terms were fraudulent, with repayment periods significantly shorter than the 180 days promised. Furthermore, he reported being subjected to threats and having his bank accounts frozen. This incident serves as a stark reminder for residents and visitors in Thailand to exercise extreme caution when engaging with financial services online. Even apps found on reputable platforms can be deceptive. It is essential to verify the legitimacy of any financial institution directly through official government channels rather than relying on in-app claims. Authorities have yet to provide a full update on the investigation into this specific application or the extent of the criminal network behind it. Users are advised to remain vigilant against predatory lending practices that exploit digital platforms to target unsuspecting individuals.