Pol Col Krisana said the police issued the warning after seeing complaints about loan scams and loansharking skyrocket in recent months, the majority of which were carried out online. (File photo)

The Royal Thai Police are warning the public to be cautious of loan scams and predatory online lending services, which have claimed an increasing number of victims during the pandemic, as more people are forced to stay home due to COVID-19 restrictions.

Deputy police spokesman Pol Col Krisana Pattanacharoen said the police issued the warning after seeing complaints about loan scams and loansharking skyrocket in recent months, the majority of which were carried out online.

He said the first type of scam commonly reported involves a bogus lending and/or financial management application, which requires the victim to transfer a certain amount of cash to access the loan services. However, after the payments were made, the victims received…

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