International Scam Ring Busted in Bangkok Condo: Over 15 Million Baht Stolen

BANGKOK – Thai police have busted an international scam ring operating out of a luxury condominium in Bangkok, investigating a case involving over 15 million baht in stolen funds. The criminals reportedly contacted the victim via the LINE app, posing as bank employees and special investigation police. They falsely claimed the victim was involved in a serious money-laundering case and instructed them to hand over their assets for review to prove their innocence. Between April 21 and June 6, the victim handed over cash five times, totaling 15,510,000 baht. Additionally, 171,919 baht was transferred online for alleged travel and document fees, bringing the total loss to 15,681,919 baht. Following the victim's report, police in Phitsanulok province launched an investigation, obtaining arrest warrants. Their efforts led to the arrest of a 29-year-old Chinese man, identified as Mr. Yu, who managed the stolen money through Telegram and cryptocurrency accounts, and a 22-year-old Thai woman who assisted in transferring the funds. Further investigation revealed the remaining gang members were hiding in a condominium in the Ratchada-Huai Khwang area. On July 18, police raided the condo, apprehending another Chinese woman and a Thai woman. During the raid, authorities seized 22 pieces of evidence, including 14 mobile phones, a MacBook, an Apple Watch, and various bankbooks and cards used in the scam. The suspects have been handed over to investigators in Phitsanulok to face charges for fraud and inputting false information into national computer systems. Authorities are reiterating warnings to the public to remain vigilant and never transfer money to individuals claiming to be police or bank officials.