Police warn you about pawning a car with the wrong finance. KM.-Pawnbrokers risk receiving stolen property.

Pol. Maj. Gen. Siriwat Depor, Deputy Spokesman of the Royal Thai Police, said Police Commander-in-Chief Pol. Maj. Gen. Torsak Sukwimon is concerned about the people who may be damaged by various forms of crime. At present, there are citizens who are facing debt problems. Due to the need to use money or need to quickly find money to pay creditors Have brought a car that is in the process of being paid in installments to a financial institution. Also known as 'Financed car' goes to be pawned with the person who announced the car pawning. Even though you still have debt and finance. Royal Thai Police Therefore, I would like to warn the people that Cars that are financed or are in the process of paying in installments with a financial institution. The owner or real owner of the vehicle in question. is a financial institution As for the renter, he is only the owner. Not being the complete owner of the property, therefore, the renter takes the car with finance to pawn it. Then the renter does not pay in installme nts or does not bring money to cover the remaining finance balance. will be considered as 'Covering property which belongs to another person or which is owned by another person also includes Fraudulently misappropriating property belonging to oneself or a third party,' which is an offense of 'embezzlement,' is punishable by imprisonment not exceeding 3 years or a fine not exceeding 60,000 baht, or both. As for the pawnee or buyer of the said car If you know or should know that the car in question is a car with finance. Pawning or purchasing the said vehicle It may be considered "buying or pawning property obtained from the commission of an embezzlement offense," which is an offense of "receiving stolen property" and is punishable by imprisonment not exceeding 5 years or a fine not exceeding 100,000 baht, or both. As for noticing that Who owns this car? Check from 'Registration Manual' which will specify the vehicle registration details Owner and the car owner If you check and find that the name of the owner is the name of a financial institution, be careful when accepting a pawn. or buy such a car Because you may become an offender for "receiving stolen property". Source: Thai News Agency