Acting on an arrest warrant issued by the Pattaya Provincial Court, the Department of Special Investigations (DSI) Eastern Branch in cooperation with Pattaya Police arrested a 25 year old Russian late on Saturday Night, accused of being part of an illegal Russian Money Lending Operation.
Officers followed the suspect to the front of a Starbucks Coffee Shop inside Central Festival Pattaya Beach where they intended to arrest him. The suspect, Mr. Ayrat Khabiryanov aged 25, ran away to his Toyota Fortuna in the car park of the shopping Center where he was eventually detained.
Inside the vehicle was details of at least 10 Russians who are thought to be clients of the suspect.
He was take back to his Central Pattaya home where officers first noticed two posters in Russian Language, which were attached to the front fence of his home, offering loans to Russians.
Inside the house were copies of passports and other items which confirmed details on the warrant which accused the suspect of lending money to other foreigners at rates not permitted under Thai Law. He was also accused of working without a Thai Work Permit.
On Sunday Morning at the DSI Offices in North Pattaya, the Deputy Interior Minister, Governor of Chonburi Province and other officials attended a press conference to announce the arrest.
The Deputy Interior Minister revealed how the suspect worked for a larger organization which also involved Thai Nationals. They would lend money to other Russians of between 5,000 and 30,000 Baht at an interest rate of 60% per month or 2% per day.
If the customers failed to pay on the agreed dates their original passports would be confiscated. The Russian detainee had been reportedly running the operation in Pattaya since November 2012.