Acting DSI Director-General curbed the major online loan gang in Chai Nat charging over 2,000% annual interest rate with billion baht in circulation

Acting DSI Director-General curbed the major online loan gang in Chai Nat charging over 2,000% annual interest rate with billion baht in circulation

            The DSI has been investigating the special case no. 55/2566, the case of online personal loan application named “กู้ได้ดีๆ (good loan)” or “ได้บาทง่าย ๆ – สินเชื่อด่วน (easy money-urgent loan)” offering online loan without permission and was linked to more than 80 other online loan applications. The application offered loans with 2,339.65% annual interest rate and 7-day due dates. Failure to repay within the due date will result in a group of people calling the debtors for collections with threats and harassments to the debtors and the people in their contact list, terrifying the debtors. The application was found to have more than 1,000,000 downloads and was believed to be owned by Mr. Chanyut (last name withheld) and Ms. Kantima (last name withheld) by using bank accounts of their relatives and mule accounts to conduct this online loan business with over a billion baht in its cash flow.

            On 4 April 2024, Pol.Maj. Yutthana Praedam, Deputy Director-General, Acting Director-General of the DSI, Pol.Maj. Worranan Srilum, Director of the Illegal Financial Business Bureau/DSI Spokesperson, Mr. Angsuket Wisutvatthansak, Director of the Justice Enhancement Affairs Bureau, and the special case inquiry official team joined forces with the Central Institute of Forensic Science (CIFS) and the Chai Nat Provincial Police led by Pol.Col. Narakorn Boonkhrob, Deputy Commander of the Chai Nat Provincial Police. The forces conducted the search under the warrants issued by the Chai Nat Provincial Court to collect evidence at 2 locations in Chai Nat Province:

            1. a house of Mr. Chanyut and Ms. Kantima in Muang District, Chai Nat Province

            2. Wongchai Charoen Thanyakit Mill in Muang District, Chai Nat Province, the workplace of the two suspects with Ms. Kantima named as its director and shareholder

            The search resulted in seizure of evidence, namely, 150 used and unused SIM cards, 20 cellphones, 70 cellphones boxes, 120 bank account passbooks, 10 desktop and laptop computers, documents and digital files related to the transactions and other related information. In addition, the team discovered that the suspects had rented a safe deposit box of a bank in Chai Nat Province, against which the special case inquiry official team issued a sequestration order for further inspection.