In Thailand

Thai Police crackdown on major online gambling racket, seize Bt320m in assets

Written by World Events

Technology Crime Suppression Bureau police have announced the successful crackdown on a major illegal online gambling network, with more than 200,000 gamblers registered as members. They also seized assets worth about Bt320 million.

Four suspects, including the manager and financial officials, were arrested following coordinated raids on 12 locations in Bangkok, mostly luxurious housing units and condominiums in the Phahonyothin, Asoke, Sukhumvit, Lat Phrao and Pathumwan areas.

The assets seized include seven luxury cars, worth over Bt40 million, Bt23 million in bank deposits, Bt14 million in gold ornaments, Buddha amulets worth Bt75 million, brand name products worth about Bt50 million and real estate valued at Bt127 million.

Police claim that the gambling network, called “fullplays39”, had a monthly cash flow estimated at about 480 million baht.

Warrants have been issued for the arrests of 16 individuals, mostly people who agreed to open “mule” bank accounts for the racket. Only four have been arrested so far.

 

Source link

About the author

World Events

Leave a Comment

Translate »