mule accounts
- Business News
Thai banks to ban mule account transactions next month
The banking sector will introduce a ban on financial transactions involving mule accounts next month, adhering to a directive from the Bank of Thailand. Following a recent meeting of the Joint Standing Committee on Commerce, Industry and Banking, Payong Srivanich, chairman of the Thai Bankers’ Association, announced that banks are upgrading their operational and security systems to block transactions across…
- Crime News
Thai police crackdown on border call centre gangs
Operation Aranyaprathet 68 SEAL BORDER aims to dismantle a network of call centre gangs and online fraudsters, rescuing a tortured Chinese interpreter and preventing mule accounts from being smuggled across the border. Yesterday, February 1, Police Lieutenant General Yingyot Thepchamnong, Commissioner of the Provincial Police Region 2, unveiled progress in this operation, which has been monitoring the Thai-Cambodian border near…
- Thailand News
AMLO combats fraud by closing 680,000 mule accounts
The Anti-Money Laundering Office (AMLO) has listed 72,031 persons for electronic transaction monitoring and closed over 680,000 mule accounts. AMLO’s Assistant Secretary-General, Witya Neetitham, yesterday reported on the Transaction Committee’s actions from December 2024 to January under the leadership of AMLO Secretary-General Tepsu Bowonchodidara. The committee has targeted assets linked to drug offences, fraud, and online gambling. In drug-related offences,…
- Crime News
Chiang Rai teens arrested for illegal money transfers
In Chiang Rai, five teenagers were arrested for illegal activities involving mule accounts, unauthorised SIM cards, and unlawful money transfers. The arrests were made at 4.30pm yesterday, January 20, when an investigative police unit from Mueang Chiang Rai police station, led by Police Colonel Manop Senakul, detained the group. The team, also comprising Police Colonel Santi Kongsamak, Police Colonel Phiphat…
- Phuket News
Phuket scam busted: Con artist’s mule accounts hit a dead end
Phuket police slammed the brakes on a staggering 22 million baht scam operation, ensnaring a suspect accused of creating mule accounts for a crafty con gang, with one even masquerading as a top politician The Cyber Crime Investigation Bureau (CCIB) revealed that the devious group duped unsuspecting victims by impersonating a well-known political figure, luring them into investing in a…
