Indian Arrested for Illegal Lending at 304% Annual Interest
The user wants a short summary (1-2 sentences, 120-220 characters, max 240) for a news deck. The article is about an Indian national arrested in Pathum Thani for illegal lending at 304% annual interest. Key facts: - Who: Indian national Mr.
On October 30, 2026, Pol. Col. Kittisak Wattanadech, Deputy Commander of the Provincial Police Region 1, ordered Pol. Lt. Col. Sanyalak Maliwal, Deputy Inspector of the Investigation Division, and officers from the Highway Patrol Unit 103, together with Pathum Thani Provincial Employment Office staff, to arrest Mr. Abi Nas, a 34-year-old Indian national, along with cash and loan ledgers.
He was apprehended in front of a restaurant in Bang Phun Subdistrict, Mueang District, Pathum Thani Province. Investigation revealed he entered Thailand on a tourist visa but secretly operated an unlicensed lending scheme charging 20% interest every 24 days, equivalent to 304% per year.
Initially, police handed the suspect to investigators at Pak Khlong Rangsit Police Station, Mueang District, Pathum Thani, to face charges of operating as an unlicensed personal lender and charging interest above the legal limit.
