50 million baht in assets seized in money laundering/drugs raid at house in Tak

[webfact]

Picture: INN

 

INN reported that several agencies including the Department of Special Investigation, money laundering authorities and local police armed with a search warrant went to a house in Muang district of Tak in Thailand's north west. 

 

It was part of an ongoing nine year investigation into the activities of a particular family and their associates concerning money laundering connected to the illicit drug trade. 

 

INN called it "Yaa Narok" that usually equates to Ya Ba (methamphatamine mixed with caffiene) or crystal meth. 

 

Authorities had been tracking a member of the family and their associates who had 500 million baht circulating in bank accounts on average per year. 

 

It was sometimes as high as 1.2 billion baht. 

 

Picture: INN

 

Yet no tax was being paid on the business. 

 

Land title deeds, car registration documents, bank records, electronic cards, 11 cars and trucks, 3 motorcycles and jewelry were among the items seized that added up to 50 million baht value. 

 

No arrests were reported in the investigation that INN said straddled several provinces. 

 

-- © Copyright Thai Visa News 2021-06-23

 

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[Geoffggi]

 

Quick, hide the watches .......................LOL

[ezzra]

So all that loot and NO arrest? and no one been found dirty enough to arrest? Strange, that's not how Thai police usually operate... 

[hotchilli]

4 hours ago, webfact said:

Authorities had been tracking a member of the family and their associates who had 500 million baht circulating in bank accounts on average per year. 

 

It was sometimes as high as 1.2 billion baht.

9 year investigation?

[Surelynot]

4 hours ago, Geoffggi said:

 

Quick, hide the watches .......................LOL

They are some else's....they were only on loan.

[Surelynot]

3 hours ago, ezzra said:

So all that loot and NO arrest? and no one been found dirty enough to arrest? Strange, that's not how Thai police usually operate... 

Not too sure they are that bothered about arresting anyone when there is all that lolly knocking about.

[natway09]

No arrests & no mention of the other 50 million. 555

[bangon04]

"No arrests were reported in the investigation that INN said straddled several provinces. "

 

and several police chiefs.......

[impulse]

11 hours ago, ezzra said:

So all that loot and NO arrest? and no one been found dirty enough to arrest? Strange, that's not how Thai police usually operate... 

 

They got what they wanted...  The loot.  Maybe they're encouraging a recurring rinse and repeat...

 

Or maybe the potential arrestees know where the bodies are buried, and who buried them.

 

[Stargeezr]

With nine years investigation, the police know the names of those involved but

because they are rich people, their names cannot be mentioned as FACE is involved.

   There will be quiet fines and penalties given. You know  the rich way of justice.

Geezer