A Buriram furniture shop owner claims a moneylender has refused to return a pickup truck pledged as collateral for a 45,000-baht loan, instead claiming it was dismantled and offering an illegal plate-swapped vehicle for an additional 120,00
On May 23, 2025, 57-year-old Prachuak Sriphu, a wooden furniture shop owner in Muang District, Buriram Province, came forward with her son Punyapat Latthiwach and son-in-law Bunchaa Yodinthorn seeking assistance. They claim that in early October 2024, Prachuak purchased a pickup truck in her son's name for her daughter and son-in-law to use for furniture transport work. She then pledged the vehicle as collateral with a local moneylender for a 45,000-baht loan in Buriram city center.
"Within three months, I tried to reclaim the truck, but the moneylender refused," Prachuak explained. "He eventually claimed the vehicle had been dismantled. If I wanted a vehicle back, he said he'd find me one with a swapped license plate, but I'd have to pay an additional 120,000 baht. I refused because I didn't want an illegal vehicle. After multiple attempts to recover the original truck, he kept repeating the same story."
Prachuak said she decided to file a complaint at Muang Buriram Police Station in mid-February 2025. Investigators scheduled a mediation meeting at a hotel, but the moneylender refused to attend. The case remains unresolved.
According to Prachuak, she took out the loan during a period of financial difficulty. The moneylender deducted 4,500 baht in advance interest and 1,500 baht in storage fees from the 45,000-baht loan, leaving her with only 39,000 baht in cash. The moneylender charged 10 percent monthly interest without specifying a redemption date, requiring 4,500 baht monthly interest payments until the principal was repaid. Prachuak trusted him because he was familiar to the family—her son-in-law had previously played soccer for his team.
When she tried to contact him about reclaiming the truck, he became evasive. Eventually he claimed the vehicle had been dismantled and offered to provide a plate-swapped vehicle instead, initially asking for 60,000 baht down. Prachuak refused, emphasizing she wanted the original truck back, not an illegal substitute.
The moneylender's wife stated this was merely an offer and that recovering the original truck was impossible since it had been dismantled. If Prachuak accepted the swapped-plate vehicle, the price would be 120,000 to 150,000 baht, with 60,000 baht required upfront.
When Prachuak questioned how she could trust them without documentation and with the original truck still unreturned, the moneylender's wife became angry and threw them out, using derogatory language. This sparked an argument.
After leaving, Prachuak called the moneylender husband, who had remained silent during the discussion with his wife. She pleaded for him to allow her to reclaim the vehicle, explaining she was stuck paying the loan while unable to use the truck for work.
The moneylender falsely claimed that Prachuak's son-in-law had already reclaimed the truck on November 7, 2024. He also mentioned knowing police officers, suggesting she might not receive fair treatment. He threatened to file a complaint with a lawyer if she didn't back down.