Thai police seize assets worth 50 million baht in money laundering bust
Police seized assets worth 50 million baht and arrested Ekachart Miprom, a high-level executive involved in money laundering, along with his wife and mother. The operation took place on March 27 at two locations in Chanthaburi province and one in Rayong province.
Police Lieutenant General Trairong Phueapan, Commissioner of the Cyber Crime Investigation Bureau, ordered Police Major General Sarayuth Junawath and Police Colonel Pakornkitt Thanawarinukul to lead the investigation team.
The team executed arrest warrants issued by the Criminal Court on March 26, targeting 32 year old Ekachart Miprom, also known as M Ekachart, a Chanthaburi resident, and five others, including 41 year old Sathapong from Rayong, 52 year old Supranee, 24 year old Wiphawee, 31 year old Paveena, and 30 year old Sophida, all from Chanthaburi.
The group was charged with conspiring to commit money laundering. Ekachart was apprehended in Nonthaburi, while the others were arrested in Chanthaburi and Rayong.
Police seized over 1 million baht (US$29,515) in cash, luxury cars, gold ornaments, amulets, bank account books, ATM cards, and more than 40 other items valued over 50 million baht (US$1.47 million).
At the Cyber Crime Investigation Bureau headquarters in Muang Thong Thani, Nonthaburi, Lt. Gen. Trairong revealed that the investigation stemmed from a police raid on December 28 last year.
The raid, conducted under a Chanthaburi court warrant, targeted a residence in Tha Mai district for suspected online gambling operations.
During the raid, Ekachart and his associates were found, and a review of their bank accounts showed significant transactions.
Further investigation linked the group to online gambling activities and laundering proceeds to disguise them as legitimate assets.
Lt. Gen. Trairong explained that they gathered evidence to request arrest warrants for Ekachart, a racing influencer, after discovering online gambling links on his personal Facebook page.
The cyber police’s ongoing investigation revealed Ekachart’s involvement as a beneficiary and executive in the money laundering scheme, reported KhaoSod.
The court approved arrest warrants for Ekachart and five others, including his wife and mother, on charges of money laundering.
Search warrants were also issued for three locations, resulting in the arrest of Ekachart and his associates, dismantling the money laundering network and his close family circle.
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