4,000 bank accounts under suspicion of being used for illegal money transfers and deposits

By Thai PBS

 

 

Over 4,000 bank accounts are suspected to be opened by individuals hired by tricksters, drug traffickers, call centre scammers or other criminal elements for use to keep or transfer money earned from illegal activities, said Maj-Gen Romsith Viriyasan, acting secretary-general of the Anti-Money Laundering Office, on Monday(Jan 15).

 

The Amlo chief chaired a meeting on Monday with representatives from the Bank of Thailand, the Local Administration Department and from 36 commercial banks and financial institutes to discuss measures to tighten up the opening of new bank accounts and to prevent criminal elements from using the services of banks and financial institutes to keep, transfer or launder their “dirty” money.

 

Regarding the 4,000 suspected bank accounts, Maj-Gen Romsith said Amlo would cooperate with the Royal Thai Police to investigate the accounts in question to find out whether they are clean or whether they are used to facilitate the movements of “dirty” money.

 

Full story: http://englishnews.thaipbs.or.th/4000-bank-accounts-suspicion-used-illegal-money-transfers-deposits/

 

 

-- © Copyright Thai PBS 2018-01-16

 

Plus accounts opened (and probably quickly closed) for immigration to receive their various deposits...

The police now have another way to be able to afford big houses & new car every year

In reality, they wouldn't have a clue....this is just a made up number....there's likely tens of thousands of crooked accounts.