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15
THAILAND LIVE Thailand Live Friday 15 August 2025
Police Arrest Final Two Suspects in ฿155 Million Bank Loan Fraud Picture courtesy of Daily News. Police have concluded a years-long investigation into a sophisticated bank loan fraud, arresting the final two suspects in a scheme that netted over 155 million baht. Full story:https://aseannow.com/topic/1369788-police-arrest-final-two-suspects-in-฿155-million-bank-loan-fraud/ -
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Crime Police Arrest Final Two Suspects in ฿155 Million Bank Loan Fraud
Picture courtesy of Daily News. Police have concluded a years-long investigation into a sophisticated bank loan fraud, arresting the final two suspects in a scheme that netted over 155 million baht. On 13 August, Pol Maj Gen Wittaya Srisuriyapha, Commander of the Crime Suppression Division (CSD), ordered the arrest of two 39-year-old women, identified only as Ms A and Ms B, under warrants issued by the Criminal Court. They face charges of conspiring to commit fraud by impersonation, forging documents, falsifying official documents and conspiring to launder money. The pair were detained at a house in Nai Mueang subdistrict, Mueang district, Nakhon Ratchasima. The case dates back to 2018, when a bank discovered that a criminal group had used forged documents, including fake signatures of executives from other companies, to secure overdraft loans from multiple financial institutions. Once the loans were approved, the funds were gradually withdrawn and transferred through multiple accounts within the network before being cashed out, making the money trail difficult to trace. Investigators determined the fraud involved more than 155 million baht. The bank filed a complaint with the CSD, leading to the collection of evidence and the issuance of arrest warrants for 14 suspects. Twelve were caught in earlier operations, leaving only the two recently arrested, both of whom owned accounts used to receive the illicit transfers. During questioning, the women denied the charges. They have been handed over to CSD investigators for legal proceedings. This operation marks the complete dismantling of the network, which police described as one of the more elaborate loan fraud schemes uncovered in recent years. Adapted by Asean Now from Daily News 2025-08-15 -
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THAILAND LIVE Thailand Live Friday 15 August 2025
Chinese Woman Arrested at Airport Over Loan Fraud Case Picture courtesy of Naewna. Economic crime police have arrested a Chinese woman accused of defrauding a car loan company out of more than 2.6 million baht, intercepting her at Suvarnabhumi Airport as she attempted to leave the country. Full story:https://aseannow.com/topic/1369787-chinese-woman-arrested-at-airport-over-loan-fraud-case/ -
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Crime Chinese Woman Arrested at Airport Over Loan Fraud Case
Picture courtesy of Naewna. Economic crime police have arrested a Chinese woman accused of defrauding a car loan company out of more than 2.6 million baht, intercepting her at Suvarnabhumi Airport as she attempted to leave the country. On 14 August, officers from the Economic Crime Suppression Division (ECD), acting on the orders of CIB Commissioner Pol Lt Gen Jiraphop Phuridech, detained 65-year-old Ms Xuwu under a Criminal Court warrant issued on 23 July 2025. The charges include dishonestly removing or disposing of property used as loan collateral. According to police, on 27 March Ms Xuwu used a white Mercedes-Benz GLS 350d as collateral to secure a loan from a vehicle finance company. The company registered the vehicle under the Business Collateral Act. However, when payment became due, she failed to make the instalments and the company was unable to repossess the car. The loss was 2,667,674 baht. An investigation revealed she had planned to flee Thailand in August. Police coordinated with Immigration Bureau officers to monitor departure checkpoints and spotted her at the outbound passport control area on the fourth floor of Suvarnabhumi Airport. She was taken into custody before boarding her flight and handed over to ECD investigators for legal proceedings. Police said the arrest prevented the suspect from evading prosecution and underscored their commitment to pursuing economic crime offenders attempting to leave the country. Adapted by Asean Now from Naewna 2025-08-15 -
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AI tracked down nearly 80,000 ‘ghost students’ trying to enroll
Cars are a vast wealth killer. -
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Accident British Rider Wheelies into Woman, Prompting Vigilante Attack
Another entitled "Britisher"...can just imagine what he looks like- 2
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