Search Results for: mule bank account
- Phuket News
Phuket fraud suspects arrested over mule bank account scams
A recent operation led by the Central Investigation Bureau (CIB) and the Crime Suppression Division (CSD) resulted in the apprehension of two fraud suspects in Phuket. They were allegedly involved in creating mule bank accounts for scam gang operators. One of the individuals detained, referred to as Chaiphong, was arrested at a Patong residence. It was not disclosed when the…
- Crime News
Potential Thai scammers race to close mule bank accounts as new cybercrime law enacted
Potential Thai scammers, particularly in Nakhon Phanom province, are racing to close suspected mule bank accounts after a new cybercrime law was enacted. According to the Pattaya Mail, the new law took effect on March 17, deeming that those who open a bank account or register a SIM card for a third party for illegal use will face jail time…
- Thailand News
Bank of Thailand intensifies crackdown on mule accounts
The Bank of Thailand (BoT) intensified efforts to crack down on mule bank accounts used for fraudulent financial activities by placing a freeze on any suspicious accounts, in a move to disrupt criminal operations. Deputy Governor for Financial Institution Stability at the BoT, Ronnadol Numnonda revealed that last year, a decree on measures to prevent and suppress technological crime was…
- Phuket News
Taiwanese “bank account mule’ arrested in Patong
PHUKET: Police have arrested a Taiwanese man who was found in the illegal possession of bankbooks and ATM cards for 12 Thai bank accounts opened by local residents. Chen Yu-Chung, 34, was arrested on Saturday, after a tip-off from a Phuket tuk-tuk driver, who told police that he was paid 6,000 baht to open a bank account in Patong. “The…
- Thailand News
Thai businesswoman loses 29 million baht from bank account
A complaint has been lodged with Thailand’s Ministry of Interior after a businesswoman discovered that 29 million baht had been withdrawn from her account without her knowledge. The matter is now under review to determine the appropriate course of action. Real estate businesswoman 60 year old Kirana and Akkarawat Kraisisombat, also known as Tae Achiva, submitted a petition to the…
- Thailand News
Thai banks deny funding Myanmar junta’s weapon purchases
Foreign Minister Maris Sangiampongsa issued a strong rebuttal to accusations from Move Forward Party (MFP)-list MP Rangsiman Rome, categorically denying that Thai banks or the government are involved in supporting weapons procurement for the Myanmar junta. These remarks follow a report from the Office of the United Nations High Commissioner for Human Rights in late June, which claimed Thai banks…
- Thailand News
Thai police bust syndicate exploiting workers for mule accounts
Police apprehended two individuals connected to a syndicate that exploited foreign workers to establish mule bank accounts, later sold to scammers, facilitating more than 3 billion baht in fraudulent transactions. The syndicate legally brought foreign workers into Thailand, deceiving them into opening accounts at various banks. These accounts were then sold to scammers, including operators of gambling websites. The Cyber…
- Thailand News
Thai woman arrested in Chalong for bank scam involvement
A woman in Chalong has been arrested by the Central Investigation Bureau (CIB) for her involvement in a scam operation with the illegal creation of a false bank account. Law enforcement officials apprehended Cantida at her residence in Chalong on Wednesday, July 3. The charges against her fall under the Computer Crimes Act, focusing on fraud by entering false data…
- Business News
Thailand tackles fraud with mobile bank account name verification
Mobile bank account holders can continue using their services uninterrupted as authorities work to ensure the names of account holders match those of phone subscribers, according to the Ministry of Digital Economy and Society (DES). This initiative aims to tackle the misuse of bank accounts by fraudsters. The crackdown, launched at the beginning of the week, has caused some concern…
- Thailand News
Mobile banking to operate normally during verification
The National Broadcasting and Telecommunications Commission (NBTC) clarified today that mobile banking services will continue to operate as usual on May 27. The NBTC, in collaboration with the Anti-Money Laundering Office (AMLO) and commercial banks, aims to ensure that mobile numbers linked to bank accounts are properly verified to tackle issues related to fraudulent SIM cards and mule accounts. The NBTC…
- Thailand News
Thai mobile banking sim names & accounts must match or else
Starting tomorrow, individuals using mobile banking in Thailand must ensure that the name registered on their mobile SIM card matches the name on their bank account. Failure to comply will result in the suspension of their mobile banking services. Thailand’s Ministry of Digital Economy and Society announced a new measure aimed at curbing fraudulent bank accounts and SIM cards, commonly…
- Thailand News
Bangkok scam: Youth nabbed for fake amulet auction
Bangkok’s Metropolitan Police apprehended a 23 year old Thai man for his alleged involvement in a fraudulent online auction of a famous amulet. The man, Thanabodee, was detained in the Sai Noi district of Nontha Buri province yesterday, May 13, following an arrest warrant issued by the Thon Buri Criminal Court. The arrest warrant, dated May 2 convicts Thanabodee on…
- Business News
Thai bankers reassure on mobile banking security following fraud incident
The Thai Bankers’ Association (TBA) has reassured its customers about the security and stability of mobile banking applications. The affirmation follows the recent arrest of a software programmer who developed a tool capable of bypassing facial recognition technology for transactions above 50,000 baht. It is mandatory for mobile banking users wishing to transfer between 50,000 baht and 200,000 baht per…
- Thailand News
Thai Bankers’ Association assures bank app security after facial recognition scam
The Thai Bankers’ Association affirmed the security and stability of bank apps, following news of the arrest of a programmer selling software that bypasses facial scanning for transfers exceeding 50,000 baht. The fraudsters exploited loopholes in the system to facilitate transfers without the need for facial recognition for transactions over 50,000 baht. The Thai Bankers’ Association’s Technology Information Security Coordination…
- Crime News
Myanmar national sought by Thai cyber police in iPhone fraud scheme involving mule accounts
The Cyber Crime Investigation Bureau is gearing up to issue an arrest warrant for a Myanmar national involved in a fraudulent iPhone sale to a sixth-form student. The scheme involved easily controlled mule accounts, with a recent arrest of a 39 year old woman, Nattanicha Suksri, who was involved in withdrawing funds. The arrest took place yesterday in Chiang Rai…
- Crime News
Thai Cyber Police arrest man selling millions of personal data, evading bank regulations for large transactions
A recent crackdown by Thai Cyber Police led to the arrest of a 24 year old Bangkok man selling the personal data of 15 million individuals. This information was obtained from the customer base of a well-known supplement brand and a grey business group. The suspect, who was apprehended from his residence in Thawi Watthana District, Bangkok also offered software…
- Crime News
Police thwart attempt to pull 176 million from bank account
A Cambodian national has been arrested by police in Bangkok for using a fake passport to obtain a new bank passbook. The passbook is believed to be for a bank account with 176 million baht in savings, which is thought to belong to a call centre gang. The police were alerted to the situation on March 24 when it was…
- Crime News
New cyber crime law helps banks and victims
A new Royal Decree on Cyber Crime Prevention and Suppression is now in effect in Thailand. The new law has provisions to help victims, banks and authorities combat illegal online activities. The decree allows victims of online scams to use a hotline to report mule accounts set up using their stolen identity immediately to 15 banks. Victims can also file…
- Phuket News
Phuket police claim “breakthrough’ with drug mule bust
PHUKET: Police believe they have made a major breakthrough in breaking a Phuket drug delivery chain that leads all the way to Bang Kwang Prison in Bangkok. A provincial anti-drugs task force together with Border Patrol Police from Takuapa in Phang Nga arrested Prapan “Ae” Nammali during a sting operation in Saphan Hin Village on Sunday night. The arrest was…
- Phuket News
Phuket meth mule busted, 1500 pills seized
PHUKET: In the latest drug arrest, Phuket City Police last night nabbed a man found in possession of 1,500 ya bah (methamphetamine) pills and a small amount of ya ice (crystal methamphetamine). Police said Tossapol Maneepakorn, 21, was pulled over at a police checkpoint on Rassadanusorn Road in the Ban Kuku area of Rassada at about 11:30 pm. As they…
- Business News
Thailand’s daily online fraud falls to 110 million baht in April
Online fraud damage in April was reported at 110 million baht daily, indicating a 26% decrease from the 149 million baht experienced daily in March. This significant reduction is a result of the intensified crackdown on online fraud by authorities. On the first of April, Prime Minister Srettha Thavisin delegated several organisations to yield tangible results from their efforts to…
- Business News
Crypto crackdown: Regulatory bodies unite to reel in P2P fraud
Regulatory bodies are rallying together to develop stringent rules to monitor the buying and selling of cryptocurrencies via peer-to-peer (P2P) transactions. These authorities have observed that fraudsters, seeking to cover their tracks after illicit activities, tend to use cryptocurrencies purchased P2P. The Securities and Exchange Commission (SEC) is being urged to revise or create regulations related to digital assets, to…
- Thailand News
Thailand police arrest woman tied to 50 million baht fraud case
Royal Thai Police swooped to arrest a 55 year old woman implicated in a public fraud case involving over 50 million baht in damages, in Songkhla, a southern province in Thailand. Tawanna Tarawasant is implicated in a public fraud case involving over 50 million baht in damages. The arrest took place in the district of Rattaphum, specifically in the Khuan…
- Thailand News
Thai authorities demand registration for individuals holding over five SIM cards
Under the leadership of Prasert Chantraruangthong, the Committee for the Prevention and Suppression of Cybercrime has mandated the registration of individuals possessing more than five SIM card numbers. The numbers are staggering. A whopping 7,664 individuals possess over 100 SIM cards, with Thai nationals holding 3,580,571 of them, and foreigners not far behind with 2,591,365. The National Broadcasting and Telecommunications…
- Thailand News
Southern Thailand: Police warn of online refill machine scams in Thepha district
Con artists are exploiting online refill machines to carry out fraud using money mule bank accounts, according to a warning issued by Thai police today. The alert today, November 22, was initially raised by the Sai Mai Must Survive (Sai Mai Tong Rot) Facebook page, which posted a video warning of the deceitful practice primarily occurring in Thepha district, Songkhla…
- Thailand News
Thailand scam gang exposed: Four nationals nabbed in Poipet, face legal return
Four Thai nationals, involved with a scam gang tied to a family tragedy in Samut Prakan, were apprehended in Poipet and sent back to Thailand to face legal charges. Cambodian immigration officials informed their Thai counterparts last night, September 18, about the deportation of the four Thais: One male and three females, through the Poipet-Aranyaprathet checkpoint, according to Police Colonel…
- Thailand video news
Thailand News Today | Raid finds all monks on drugs in Phetchabun temple
Despite conflicting optimistic predictions, the Tourism Authority of Thailand is warning that Thai tourism may take a sharp downturn next year. While international travellers are flocking to Thailand now, industry experts fear that it may be a flood of pent-up demand and, by next year, all those who waited through the whole pandemic to get to Thailand will have already…
- Thailand News
Thai govt to crackdown on cybercrime & handout free laptops to poor kids
The Thai government yesterday pledged to crackdown on cybercrime and to hand out 13 million free laptops to students from poor or low-income families. The Digital Economy and Society (DES) Ministry announced plans to administer free laptops to children from underprivileged families over the next four years starting next year under the Smart Thailand scheme. The Smart Thailand scheme is…
- Bangkok News
Thai man hunts for ex-girlfriend after 200,000 baht theft (video)
A Thai man took to social media to search for his ex-girlfriend after she stole cash and valuables worth nearly 200,000 baht from his home in Bangkok. The victim, 27 year old Ton, shared security camera footage of the theft and a picture of his 21 year old ex-girlfriend named Ploy on his Facebook page on July 24 with a…
- Thailand News
Thai cyber police seize gambling assets worth 190 million baht
Thai cyber police arrested the owner of two major online gambling networks, seizing assets worth 190 million baht. The websites reportedly used cartoon profile pictures to attract young gamblers. Police disclosed that the networks generated over 480 million baht annually. The Technology Crime Suppression Division (TCSD) in Mueang Thong Thani announced the crackdown, which targeted the websites kingpigs1.com and duckystars.com.…
