A raid of 24 locations in Greater Bangkok has resulted in the impounding of millions worth in cash and luxury assets from members of a suspected investment and foreign exchange scam network.
The Department of Special Investigation said its officials, together with technology crime suppression police and representatives of the Central Institute of Forensic Science and the Bank of Thailand, raided 24 locations in Bangkok, Nonthaburi, Pathum Thani, Samut Prakan and Samut Sakhon this week in an operation dubbed “Shutdown the laundering”.
According to the department, the operation targeted people suspected of investment and forex scams. Officials believed the network included politicians and show business members.
Through the raids, officials found 65 million baht in cash, gold and silver bullion, ornaments, luxury bags, guns, hardware wallets, luxury cars and computers. They also froze 70 bank accounts.
The DSI has invited victims lured by foreign exchange and investment scams via websites and applications to share information relevant to the crackdown. The department said it would elaborate on the operation later.
