Thailand Busts Foreign Nominee Property Ring in Hua Hin, Seizes 39 Villas Worth Over 300 Million Baht
Thai police conducted "Phase 6" of their operation to crack down on foreign nominee property ownership in the resort town of Hua Hin. Thirty-three companies are suspected of illegally holding properties under Thai nominees. 39 pool villas, valued at over 300 million baht, were seized. The operation targets organized crime using Thai individuals as fronts, with 84 people under investigation.
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