fraud
- Thailand News
Thai Finance Ministry pledges market confidence amid scandal
Thailand’s Finance Ministry vows to restore confidence in the Thai capital market following allegations of fraud involving former executives of Energy Absolute (EA), a company listed on the Stock Exchange of Thailand (SET). Finance Permanent Secretary Lavaron Sangsnit expressed optimism that actions by the Securities and Exchange Commission (SEC), in collaboration with the Department of Special Investigation (DSI) and the…
- 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 man arrested for Facebook phone scam in central Thailand
Police apprehended a young man at a railway station for allegedly selling mobile phones through a Facebook page, claiming his ex-girlfriend misused his bank account to deceive victims into transferring money without delivering the goods. The suspect, a 21 year old man named Denondai, was arrested by police at Nakhon Pathom Railway Station. The arrest was carried out by Pakapol…
- Crime News
Senior officer arrested for aiding fraud and fake ID issuance
Police apprehended Lieutenant Colonel M. at the Central Investigation Bureau headquarters for aiding state officials in committing fraud and facilitating the issuance of fake identification cards to foreign nationals. Today, July 11, Phumwisal Kasemsuk, Secretary-General of the Public Sector Anti-Corruption Commission (PACC), directed Manatsanan Charancharoenpong, Director of PACC Region 3, along with Police Lieutenant Colonel Sarawut Kamlueng, Director of the…
- Thailand News
Company executive arrested for 8 million baht tour fraud
Police apprehended a company executive accused of fraudulently selling non-existent tours, leaving customers stranded and causing an estimated 8 million baht in damages. Despite the allegations, the executive denies the tour fraud charges but admits to receiving a monthly salary of 100,000 baht. Today, July 9, the Commander of the Consumer Protection Police Division (CPPD), Police Major General Witthaya Sriprasertphap,…
- Crime News
Bangkok police arrest woman for 5 million baht fraud scheme
Police in Bangkok have apprehended, a 44 year old woman, a key figure in a large-scale fraud case. She is accused of luring victims into a high-interest investment scheme, resulting in losses exceeding 5 million baht. Pimpapatsorn, a prominent recruiter in the scheme, enticed numerous individuals with promises of high returns and special perks, including international travel. Victims were threatened…
- Thailand News
Election scandal shocker: Senate results halted amid fraud claims
The Election Commission (EC) delayed endorsing the 200 senatorial election winners due to a flurry of electoral fraud complaints, as announced by the chief commissioner. The eagerly awaited results, originally set to be revealed today, July 3, have now been postponed indefinitely, leaving the nation in suspense. EC Chairman Ittiporn Boonprakong stated that the process is not yet complete, offering…
- Thailand News
Accountant arrested for 450 million baht tax fraud in Bangkok
The Department of Special Investigation (DSI) apprehended an accountant of a steel company involved in a major tax fraud case, who claimed tax credits with fake tax invoices, causing the state a loss of over 450 million baht. The suspect failed to meet the prosecutor’s scheduled appointment yesterday. DSI Deputy Director Yutthana Praedam received a report from the Director of…
- Politics News
EC clarifies Senate candidacy rules amid fraud allegations
The Election Commission (EC) has clarified that registering in incorrect professional groups is not necessarily an offence unless there is an intent to deceive officials and the public during the Senate election. This statement was made by EC Secretary-General Sawaeng Boonmee on Facebook yesterday. The EC has faced significant scrutiny following the conclusion of the national Senate contest in Bangkok…
- Thailand News
Watch out: Bangkok cops nab 2.4 million baht luxury watch scammer
Police in Bangkok have arrested a suspect involved in a 2.4 million baht luxury watch scam, where the perpetrator tricked a delivery service into handing over a high-end timepiece after the customer had already made the purchase. The arrest took place yesterday, bringing to light the details of the elaborate con. Police from the Metropolitan Investigation Unit and Huamark Investigation…
- Thailand News
Senate election fraud claims spark call for investigation
Election manipulation allegations have surfaced in the recent Senate race, with claims that some candidates were favoured through collusion. Senator-elect Nanthana Nanthawarophas, representing a media professional group, stated that over 100 losing candidates intend to file a complaint with the Election Commission (EC), urging an investigation into suspected vote rigging. Nanthana highlighted that the top seven candidates with the highest…
- Crime News
Thai woman’s 90 million baht lottery win under scrutiny
A Thai woman claiming to have won 90 million baht in the lottery is now under scrutiny as questions arise about the authenticity of her claim and her ongoing legal troubles. The situation escalated after her son allegedly discovered the winning lottery tickets while attempting to steal money from her purse. The woman’s lottery win came under public attention when…
- Thailand News
Contractor arrested in Rayong for series of theft and fraud
Following a warrant by the Rayong Provincial Court earlier this month, Bangkok police arrested a contractor in Ramkhamhaeng yesterday for a series of thefts and fraud extending to government contracts. Investigations revealed that the 50 year old construction company owner, Thanik, who had been operating in Rayong since 2018, reportedly had a history of abandoning projects. In 2019, he allegedly…
- Thailand News
Fruitful apology: Durian shop to sue after false TikTok fraud claim apology
A customer issued an apology after accusing a durian shop of fraud in a viral TikTok post, which later turned out to be a misunderstanding. The shop owner accepted the apology but insisted on pursuing legal action due to the damage caused to the shop’s reputation. A TikTok user posted a video clip with a damaging message. “As consumers, we…
- Thailand News
Woman arrested for 2.8 million baht fraud and nude clip scheme
The Royal Thai Police (RTP) arrested a woman for her alleged involvement in a nude clip scheme and a 2.8 million baht investment scam impersonating a well-known platform where she reportedly coerced victims into sending nude clips in exchange for withdrawing their investment money. Police Major General Teeradech Thammasuthee, today, alongside an investigative team, apprehended 29 year old Arisa under…
- Thailand News
Police arrest woman in Nawamin for online mobile phone scam
Police officers apprehended a Thai woman at her condominium in the Nawamin district for allegedly defrauding people through an online scam operation of mobile phone sales. She faces three separate fraud charges. Authorities arrested 24 year old Ruangfa, also known as Mabel, following a lengthy investigation into online criminal networks causing significant public distress. Ruangfa had reportedly set up a…
- 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
Pattaya mayor warns residents of impersonation scam
Mayor Poramet Ngampichet issued a stern warning to Pattaya residents after uncovering a shocking scam: his social media accounts on Facebook, TikTok, and LINE have been maliciously impersonated. The fraudulent accounts, brazenly using his name and photos, have deceived the public into believing they were engaging with the real mayor. Pattaya City isn’t taking this lightly. Legal action is already…
- Thailand News
Fake wedding organiser scammer arrested, losses hit 165,400 baht
Cyber police in Hua Hin arrested a woman at an apartment today for allegedly organising fake weddings. Wanted on three different arrest warrants for her fraudulent activities, and her scams caused damages of over 150,000 baht in total. Authorities led by The Commander of the Cyber Crime Investigation Bureau, Vorawat Watnakornbancha ordered the Chief of the Cyber Crime Investigation Division…
- Thailand News
Thai influencer deceived by ex-partner over 200,000 baht payment
A Thai influencer tearfully disclosed being deceived by her former lover into losing a substantial amount of advertising money. Unable to contact her ex, she is now seeking legal recourse. The 59 year old influencer Sataporn Phutthakul, known as Aunt Porn, revealed that her ex-partner swindled her out of 200,000 baht, leaving her with only 50,000 baht and subsequently deducting…
- Business News
Deepfake dilemma: AI scam rise, posing as kin for data snatch
Artificial intelligence (AI) deepfakes, used for identity theft and impersonating identities of the victim’s relatives are now being used for personal data collection, in a rising trend of scams in Thailand. Titinun Suttinaraphan, the Regional Marketing Director of Southeast Asia for Gogolook, developer of the Whoscall app, states that the total number of Thai were victims of 217,047 scams per…
- 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
Thailand ranked in top three for financial fraud scams, says Google
Google’s 2023 Bad Apps Report ranked Thailand among the top three countries in the Asia-Pacific region with a significant spike in financial fraud scams last year. Aman Dayal, Asia-Pacific head of trust & safety operations for Google Play, stated during an online media briefing that Singapore, Thailand, and India were particularly affected. With over 90% of smartphone penetration rates, the…
- Crime News
Thai woman impersonates neurosurgeon, scams over 1 million baht
In a significant operation, Thai police arrested a 35 year old woman for impersonating a neurosurgeon and defrauding medical staff and officials, alongside scamming a love interest resulting in losses of over 1 million baht. The suspect, identified only as Suwanaumpha or “Pla,” was apprehended yesterday in Bangkok. She was wanted on charges of fraud and entering false information into…
- 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…
- Pattaya News
Thai police arrest foreigners for fraud in Bangkok and Pattaya
The Thai Immigration Police Bureau (IBP) successfully apprehended two foreign nationals, originating from South Korea and Taiwan, in Pattaya and Bangkok. Both individuals were being actively pursued by their respective countries for allegations of fraud. The first individual apprehended, known under the alias of Oh, is a 51 year old hailing from South Korea. He was found in a condominium…
- 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
Senior citizens allege scam by sales company promising car prize
A group of senior citizens filed a complaint with the Economic Crime Suppression Division, alleging deceptive practices by a direct sales company that offered party tickets with a chance to win a luxury car as a prize. The event, which took place at 10am today, March 14, is now under investigation after claims surfaced that the company lured older adults…
- Thailand News
DSI grills teacher candidates over Khon Kaen exam scam
The Department of Special Investigation (DSI) has initiated an extensive interrogation of candidates for assistant teacher positions at the Primary Educational Service Area Office 2 in Khon Kaen, following allegations of widespread exam fraud. Investigators have discovered that exam materials were being sold for 600,000 baht each. The probe, which took place today at the Learning Promotion Office in Ban…
- Thailand News
Accountant arrested in Thailand for 130 million baht tax fraud
Thai authorities recently apprehended a 46 year old accountant involved in a substantial tax invoice fraud, causing a loss of over 130 million baht (US$3.6 million) to the state. The arrest of Wimala, the individual at the centre of the investigation, marked a significant breakthrough in a tax evasion case that has highlighted vulnerabilities in the country’s financial regulation systems.…
