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Four Russians Arrested in Pattaya Linked to Over 5 Billion Baht Real Estate Deals
Four Russian nationals have been arrested in Pattaya, Thailand, on suspicion of involvement in real estate transactions exceeding 5 billion baht (approximately 20 billion yen). Authorities are investigating potential money laundering and illicit fund transfers.
Four Russian nationals have been arrested in Pattaya, Chonburi Province, eastern Thailand. They are suspected of involvement in real estate transactions totaling over 5 billion baht (approximately 20 billion yen). Thai investigative authorities have indicated that these transactions may be linked to money laundering and illicit fund transfers, and are proceeding with a detailed investigation. The identities and specific roles of the arrested individuals have not yet been disclosed. Pattaya is a region with a large number of foreign residents and tourists, including a significant number of expatriates from Russia. This incident has once again highlighted concerns about illicit activities by foreigners in real estate transactions within Thailand. Authorities have stated their intention to expand the investigation to include other related individuals and organizations. Source: MGR Online (Regional)
Original source
MGR Online (Regional)