money laundering
- Crime News
Thai police dismantle major illegal online gambling rings
Thai police delivered a significant blow to the online gambling industry with the dismantling of two major illegal betting websites. The operation, dubbed ZERO BET, saw the seizure of nearly 10 million baht (US$270,000) in cash and luxury assets, including high-end vehicles like Lamborghinis and BMWs, totalling over 60 million baht (US$1.6 million) in value. The investigation revealed an annual…
- Thailand News
Thai Ministry to reimburse victims of call centre scams
The Thai Ministry of Digital Economy and Society (DES) announced plans to reimburse victims with more than 10 billion baht worth of money and assets, previously seized from call centre scam operations. The assets, including 6 billion baht in cash, were retrieved by the Anti-Money Laundering Office (AMLO) in 2021, according to Minister Prasert Jantararuangtong. He iterated that AMLO is…
- Thailand News
Thai police suspect Russian and Thai firms in money laundering
Police in Phuket yesterday and today carried out a series of eight raids prompted by suspicions of a Russian man’s involvement in money laundering and the establishment of fraudulent companies by certain Thais. These sham firms were purportedly set up to aid foreigners in obtaining visas and work permits, as revealed by Police Major General Montree Theskhan, the commander of…
- Thailand News
Big Joke denies money laundering charges
Deputy National Police Chief Police General Surachate “Big Joke” Hakparn made a high-profile visit to the Taopoon Police Station yesterday afternoon, where he officially acknowledged the money laundering charges levied against him. After enduring four hours of intense questioning, he was eventually granted bail. Speaking to reporters as he exited the police station at around 8pm, Big Joke vehemently denied…
- Thailand News
Big Joke associates deny money laundering charges
Two close associates of high-profile police figure Surachate “Big Joke” Hakparn, vehemently denied all charges in a money laundering case linked to the online gambling website BNKMaster. The two suspects, Sub-Lieutenant Natthawut Huadwaew and Sub-Lieutenant Natthanant Choochak were granted bail of 100,000 baht (US$ 2,800) each at 10am today, March 13, at the Tao Poon Police Station after the Criminal…
- Crime News
Arrest warrants issued in money laundering probe linked to illegal gambling
The arrest of three police officers and a civilian is on the horizon as warrants have been sanctioned in relation to allegations of money laundering tied to an illicit online gambling network. A high-ranking police officer has also been issued a summons in connection with the same case. The Metropolitan Police Bureau’s Deputy Commissioner, Thinnakorn Rangmat, confirmed yesterday, March 12,…
- Thailand News
Property tycoon in KCUC embezzlement case to be charged
Property magnate Anant Asavabhokhin is to be charged with money laundering linked to the notorious Khlongchan Credit Union Cooperative (KCUC) embezzlement case. This development comes from a source within the Office of the Attorney-General (OAG). The money laundering charge, recently approved by Attorney-General Amnat Jedcharoenruk, is predicted to be enacted by the OAG’s special litigation office on April 2. Anant, former…
- Thailand News
Taiwanese man arrested in Pattaya on overstay and money laundering charges
Pattaya police yesterday arrested a Taiwanese man on charges of money laundering. Additionally, they discovered that he had overstayed his visa validity by over 430 days, equivalent to approximately a year and five months. Officers from the Sub-division 2 Tourist Police Division 1 and Chon Buri Provincial Immigration Office were alerted by the Taipei Economic and Cultural Office in Thailand…
- Thailand News
Thai senator faces lawsuit for alleged money laundering
Senator Upakit Pachariyangkun is facing charges after public prosecutors filed a lawsuit against him today, December 14. The Thai politician has been accused of money laundering and aiding a transnational criminal organisation. This legal action follows the Office of the Attorney-General (OAG) decision to indict Upakit on charges of money laundering, involvement in a transnational criminal organisation, and alleged support…
- Business News
Binance CEO admits to money laundering, fined over US$4 billion
Changpeng Zhao, the chief executive of Binance, allegedly admitted to money laundering violations in a US court yesterday. The confession will result in the cryptocurrency exchange he founded paying more than US$4 billion in fines. Attorney General Merrick Garland said Binance’s success as the world’s leading cryptocurrency exchange was partially due to its criminal activities. The Department of Justice (DoJ)…
- Thailand News
Ranong: Daughter of prominent village headman denies money laundering charges
The daughter of a well-known village headman from Ranong turned herself in to the police yesterday, denying allegations of money laundering and involvement in a drug trafficking network. The woman is also suspected of smuggling vehicles and illegal rubber across the border. The initial investigation took place at the Ranong Provincial Police Operation Center, led by Deputy Provincial Police Commander,…
- Thailand News
Thai woman arrested for money laundering suspicion at airport in Germany
The Central Customs Authority in Germany reported the arrest of a Thai woman at Frankfurt Airport on suspicion of money laundering. The woman is still being questioned by German authorities. According to a report on the official German Customs Authority website, officers at the Frankfurt Airport security checkpoint detained the Thai woman, aged about 50, on suspicion of money laundering…
- Crime News
Thai Police bust call centre gang linked to triple-murder case
The Royal Thai Police (RTP) yesterday made significant progress in cracking down on an infamous call centre gang, implicated in a shocking triple-murder case that sent shockwaves through the community of Pak Nam. The call centre gang is accused of defrauding a Thai man, leading him to murder his family and himself. Twenty-two warrants have been issued, with ten arrests…
- World News
Singapore grapples with massive US$740 million money laundering scandal
Singapore is grappling with one of its largest-ever money laundering cases, involving over S$1 billion (US$740 million) of assets. Individuals, recently arrested and charged, allegedly held millions from unauthorised lending in China and illicit gambling in numerous banks such as United Overseas Bank, Citigroup and RHB Bank’s local units. Attempted fraud using counterfeit documents was also reported on banks including…
- Thailand News
Call centre scam crackdown: Thai cyber police nab nine, seize 300 million baht in evidence
A significant blow has been struck against the fraudulent operations of a call centre gang, masterminding scams worth over 300 million baht, as the cyber police arrested nine individuals and seize numerous items of incriminating evidence. Officers from the Crime Technology Investigation Department at Thong Thanee today were successful in their crackdown against this notorious gang in Mae Sai, Chiang…
- Thailand News
Thai state bodies unite to curb money laundering via digital assets
In an unprecedented act of collaboration, five Thai state bodies are colluding to tackle illicit fiscal operations and money laundering across national frontiers, reveals Traisuree Taisaranakul, the deputy government spokeswoman. The cooperative pact encompasses the Royal Thai Police (RTP), the Revenue Department, the Securities and Exchange Commission (SEC), the Anti-Money Laundering Office (Amlo), and the Bank of Thailand (BoT). Traisuree…
- Crime News
Lamphun FC President arrested over alleged gambling, money laundering links
Lamphun Warriors Football Club president has been apprehended in connection to a major gambling and money laundering network. The suspect, known as Boss Tal, was captured in Phayao province by authorities. Pol. Lt. Gen. Roy Inkapiroj, Deputy Police Chief and Director of the Center for Combating Cybercrime (PCT), yesterday announced the arrest of Phongsiri (Boss Tal). The suspect was charged…
- Thailand News
Money laundering mastermind nabbed: Chinese man busted in Pattaya for multibillion-baht scam operation
Thai authorities apprehended a Chinese man in Pattaya on charges of money laundering over 2.5 billion baht for the scam call centre gang based in Cambodia. The crackdown, led by the Thai Immigration Bureau (TIMB), was carried out in response to instances of criminal behaviour causing harm to citizens and tarnishing the country’s image. Details of the operation were released…
- Politics News
Thai senator faces indictment on money laundering, criminal organisation charges
A Thai Senator Upakit Pachirirangkun faces indictment on charges of money laundering and involvement in a transnational criminal organisation, according to Kosolwat Inthuchanyong, the spokesman for the Office of the Attorney-General. The decision follows a police investigation into the senator’s alleged connections with illicit activities, Bangkok Post reported this morning. However, 61 year old Upakit denied the charges. In a press conference…
- Thailand News
Court dismisses gambling, money laundering charge against Long Joo Somchai
The Criminal Court has dismissed a third gambling and money laundering charge against Somchai Jutikitdecha, also known as “Long Joo” Somchai, due to insufficient evidence. The case also involved his company and five other defendants, including Somchai’s son. Somchai was arrested in February 2021 at his home in tambon Mueang Phra, Rayong’s Muang district, following police raids on 10 locations…
- Crime News
MP Rangsiman asks police to seize PM Prayut’s party HQ
The Ruam Thai Sang Chart political party headquarters is at the centre of a controversy with the Move Forward Party urging police to take action and seize the Bangkok building. Opponent Rangsiman Rome, a Move Forward Party MP, alleges a senator who owns the building is a money-laundering suspect. MP Rangsiman called on the police chief to follow standard legal…
- Crime News
Thai police to seize rare Lamborghini from alleged ‘macau888’ gambling network kingpin
Thailand’s cyber police say they will seize a super rare Lamborghini owned by the alleged owner of the illegal online gambling network ‘macau888‘ today. The Lamborghini Mad Bull Liberty Walk Aventador V2 is one of only 50 in the world with an estimated value of 37 – 44 million baht. It is the only one in Thailand. The ‘Liberty Walk’…
- World News
Thailand to extradite alleged Malaysian scammer to China
A Thai court ordered a wanted alleged Malaysian scammer to be extradited to China to face charges related to fraud on Wednesday. Both Malaysia and China requested the repatriation of Tedy Teow Wooi Huat, the founder of the Mobility Beyond Imagination Group (MBI), after he was allegedly linked to numerous scams, reports the Straits Times. Penang-born Teow attended a virtual…
- Crime News
Bangkok court grants bail to Tuhao’s wife for 2 million baht
Southern Bangkok Criminal Court granted bail to Pol. Col. Wanthanaree Kornchayanan – the wife of Chinese gangster Tuhao – for securities of 2 million baht this afternoon. Yannawa Police arrested and detained Wanthanaree and nine others yesterday on transnational drug and money laundering charges. The court does not usually grant bail to those accused on such serious charges in case…
- Politics News
Australia to sign human trafficking treaty with Thailand
Thailand is set to sign a deal with Australia to counter human trafficking. Prime Minister Prayut Chan-o-cha is to meet Australian Foreign Minister Penny Wong in Bangkok today, as Wong continues her friendship tour of the Pacific. The deal comes as Australia actively seeks deeper engagement with Southeast Asia. The pair are expected to sign off on Australia’s support…
- Thailand News
Thailand introduces new rule for cash deposit machines
On November 15, people depositing cash into their bank account via cash deposit machines (CDMs) in Thailand will have to insert their credit or debit card and PIN to verify their identity. The Anti-Money Laundering Office (AMLO) said the new identification requirement is a safety measure to prevent money laundering earned from drug trafficking, gambling, and other criminal activity. Bank…
- South Thailand News
Malaysian man arrested in Thailand for laundering gambling money
Luck may have run out for a rich Malaysian businessman who allegedly laundered money from online gambling as police picked him up in Sadao in the Deep South Thai province of Songkhla. Teow Wooi Huat also known as Tedy or Jho Low 2, is accused of laundering money connected to online gambling in Thailand and is also wanted in Macau…
- Phuket News
Two Ukrainian fugitives arrested in Phuket over US tax evasion scandal
Two Ukrainian nationals wanted for fraud and tax evasion in the US were arrested in Phuket on Tuesday. The men fled to Thailand after warrants for their arrest were issued in Florida earlier this month. The pair are accused of providing employment for hundreds of illegal immigrants in America from 2007 – 2021 and evading $10 million in employment taxes.…
- Crime News
Alleged launderer for drug kingpin arrested, 70 million in assets seized
A man alleged to be a money launderer for a major drug trafficking ring has been arrested. The alleged money launderer was linked to alleged drug kingpin “Nu Chen” and police seized about 70 million baht worth of assets at his house in central Bangkok. Police impounded 2 cars, 2 title deeds, 18 kilogrammes of gold bars, US $10,000, and…
- Phuket News
DSI says land documents were illegally issued for the Phuket “Sri Panwa” resort
The luxury resort in Phuket accused of land encroachment will now be investigated by the National Anti-Corruption Commission, the Department of Land, and the Anti-Money Laundering Office. Thailand’s Department of Special Investigations looked into the “Sri Panwa” project in Phuket and said that the resort illegally acquired land rights documents. According to Nation Thailand, the DSI found that Sri Panwa…
