Author Topic: German Loan Shark Suspect Takes Flight Before Raid - north of Thailand  (Read 387 times)

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Offline thaiga

The article states.  It is also illegal for foreigners to loan money to Thais - must not forget that  ;)

German Loan Shark Suspect Takes Flight Before Raid

Police on Friday were awaiting the return of a suspected German loan shark to his home in the north of Thailand where he is accused of conducting an illegal loan operation.

Police and military officers raided the home of 55-year-old Wolfdieter Werner Mueller in Nong Khai province after residents went to police complaining he charged exorbitant interest fees.

However, Mueller was nowhere to be found – he had just flown to Phuket a few hours earlier from the Udon Thani International Airport. Police said they didn’t know if Mueller had been tipped off about the raid.

At the home, police only found his girlfriend, 40-year-old Hatairat Silasit. Police said she was cooperative when they served her with a search warrant. Police said they found a large number of loan documents, account books and computer files indicating Mueller was issuing loans to a large number of people.

“Folks said if he loaned out 10,000 baht, he would charge 20,000 in interest and threaten the borrowers if they didn’t pay it back,” said police Col. Pallop Suriyakul na Ayutthaya. “People around there can’t afford to pay him back.”

He said Mueller would make loans ranging from a few thousand baht to 20,000 baht.

According to Hatairat, Mueller was visiting a friend in Phuket and would return Sunday. The girlfriend of two years also said that she was uninvolved in his activities. Police didn’t buy that and are charging her with being an accessory to the crime.

Pallop said police were prepared to arrest Mueller on three charges: working illegally without a permit, making illegal loans and usury. It is also illegal for foreigners to loan money to Thais.

khaosodenglish.com
Anyone who goes to a psychiatrist should have his head examined.
 

Offline sowhat

Re: German Loan Shark Suspect Takes Flight Before Raid - north of Thailand
« Reply #1 on: November 26, 2016, 04:00:25 PM »
It is also illegal for foreigners to loan money to Thais / is giving it ok for i never get paid back  ;D
 

Offline thaiga

Re: German Loan Shark Suspect Fined and Freed
« Reply #2 on: November 29, 2016, 04:19:31 PM »
German Loan Shark Suspect Fined and Freed

Police said Tuesday they had fined and released a German man accused of running a loansharking operation who claims he was wrongly implicated by his ex-wife.

Police searched Wolfdieter “Max” Werner Mueller’s house Thursday after residents went to police complaining he charged exorbitant interest rates for illegal loans. Mueller had flown to Phuket earlier in the day, but said the trip had been scheduled long ago.

“I did not do wrong. Ask anyone in the village,” he said, adding that he has contacted the police.

He blamed a personal dispute with his ex-wife, who he said sent the police after him for not having a work permit. He said he had made some private loans but denied charging exorbitant interest as accused.

Police on Tuesday said Mueller was guilty of breaking the law and was fined and handed a suspended sentence.

“We won’t get involved with his family or personal affairs, which are unrelated. The issue is that he broke the law in loaning out money in his name, and working without a work permit,” police Maj. Theerapong Prajukjit said Tuesday. “Foreigners can’t loan out money in their name.”

Hatairat Silasit, Mueller’s girlfriend, already paid the fine of 20,000 baht Saturday, Inspector Theerapong said.

khaosodenglish.com
Anyone who goes to a psychiatrist should have his head examined.
 

 



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