Four members of drug money laundering family arrested in Kanchanaburi - 6 billion asset seizure target met

[webfact]

Picture: Daily News

 

The secretary of the Narcotics Control Board Wanchai Chaimongkhol told Daily News that his men in conjuction with Region 7 police, Kanchanaburi police and the Navy Special Warfare Command arrested four members of the same family on Ratchaburi warrants.

 

The warrants named the four as aiding and abetting in the drug trade. They are believed to have been involved in money laundering. 

 

They were named as the Sringernyuang family - Charlie, Wankhai, Rat and Wanchana. 

 

Following their arrest 30 million in assets was seized including 18 million baht in 10 kilo weight gold bars, a house and land, cash in bank accounts, 2 cars, and four motorcycles.

 

Other accounts are being investigated to check the flow of money.

 

Wanchai said this came after busts of 4,000 Ya Ba in Ratchaburi and 1,300 kilograms of ice (crystal meth) in Kanchanaburi last year.

 

Wanchai said this brought the total value of assets seized in the period October 2020 to 26th August 2021 to 6,940,659,550 baht smashing the target of 6 billion set for the year. 

 

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[Will B Good]

Sudden rush of drug related arrests expected following the accidental bag over the head murder?

 

Bit of PR never went amiss.

[tonray]

11 minutes ago, Will B Good said:

Sudden rush of drug related arrests expected following the accidental bag over the head murder?

 

Bit of PR never went amiss.

That's if the planned reforms (ie removing cameras from police stations) don't bring the desired result

[Scrotobike]

13 minutes ago, Will B Good said:

Sudden rush of drug related arrests expected following the accidental bag over the head murder?

 

Bit of PR never went amiss.

Will Jo still get his cut?

[ezzra]

21 minutes ago, webfact said:

Navy Special Warfare Command

What? the special seal team six elite troopers were not available to arrest a bunch of drug dealing rural shmucks?...

[smedly]

23 minutes ago, webfact said:

men in conjuction with Region 7 police, Kanchanaburi police and the Navy Special Warfare Command arrested four members of the same family on Ratchaburi warrants.

they swoopped on the property in a fleet of exotic vehicles and armed with assault rifles and a supply of plastic bags to detain the suspects 

[Will B Good]

7 minutes ago, Scrotobike said:

Will Jo still get his cut?

Oooo...tricky one.

 

Is tea money suspended whilst on remand?

[fangless]

29 minutes ago, webfact said:

Wanchai said this brought the total value of assets seized in the period October 2020 to 26th August 2021 to 6,940,659,550 baht smashing the target of 6 billion set for the year. 

How the hell can you set a financial target for asset seizures.  If their crystal ball is that good they should be winning the lottery.

It seriously begs the question of what are the bonuses for meeting/exceeding the target and the penalties for failing?

[Hayduke]

52 minutes ago, webfact said:

Following their arrest 30 million in assets was seized including 18 million baht in 10 kilo weight gold bars, a house and land, cash in bank accounts, 2 cars, and four motorcycles.

 

This asset seizure thing is beginning to look like a pretty profitable 'new normal'.

 

 

Edited August 28, 2021 by Hayduke

[Phuketshrew]

That Toyota is not going to look good alongside the Ferrari and Lambo .....

[nausea]

I'm sorry but, for me, knowing that the police get a cut of the assets seized as a bonus kills all credibility. Â propos - I remember reading about a bona fide, lottery winning, Thai couple being falsely convicted on drug charges. Luckily, that one came to light eventually, hence me reading about it, but I'm sure many don't.

[chilly07]

Somebody's just become very rich!

[wombat]

5 hours ago, webfact said:

10 kilo weight gold bars.

honest officer, i thought everyone had gym weights the same.

[sanuk711]

"30 million in assets was seized including 18 million baht in 10 kilo weight gold bars".....................

Have these people never heard of Singapore Bank account--- or keeping a low profile.

 

Yes officer I haven't worked since 1985--- correct, I did just buy a penthouse on the beach, why you ask?

[digger70]

Four members of drug money laundering family arrested in Kanchanaburi - 6 billion asset seizure target met.

 

Who said that Crime doesn't Pay.

But sometimes Easy Come Easy Go. 

[DBath]

My guess is this family was small potatoes and this seizure stemmed from a deal cut between the gov’t/police and a larger more powerful drug dealing enterprise (perhaps even someone in gov’t or inside the RTP) allowing them to increase their market share.
 

For the police, it means a big cut of the proceeds and an increase in future profits/tea money. 
 

A win-win!! (except for the small potates family…)

 

[hotchilli]

6 hours ago, webfact said:

Following their arrest 30 million in assets was seized including 18 million baht in 10 kilo weight gold bars, a house and land, cash in bank accounts, 2 cars, and four motorcycles

Nah I better not say it... 

[ukrules]

6 hours ago, webfact said:

They were named as the Sringernyuang family - Charlie, Wankhai, Rat and Wanchana.

An oddly named group of people, especially for a so called 'crime family'.

[4MyEgo]

7 hours ago, webfact said:

Following their arrest 30 million in assets was seized including 18 million baht in 10 kilo weight gold bars, a house and land, cash in bank accounts, 2 cars, and four motorcycles.

 

7 hours ago, webfact said:

Wanchai said this brought the total value of assets seized in the period October 2020 to 26th August 2021 to 6,940,659,550 baht smashing the target of 6 billion set for the year. 

 

Another misleading heading, "6 billion worth of assets seizure met", as if to say from this bust, click bait obviously.

 

Sickens me to think these cops will all get a cut of the drug money/assets, so WRONG !

Edited August 28, 2021 by 4MyEgo

[Cake Monster]

7 hours ago, Will B Good said:

Sudden rush of drug related arrests expected following the accidental bag over the head murder?

 

Bit of PR never went amiss.

There were also many high profile busts prior to Joe,s arrest.

[Will B Good]

1 hour ago, Cake Monster said:

There were also many high profile busts prior to Joe,s arrest.

The comment was made very much tongue in cheek.

[monty1412]

wouldn't be surprised if Ferrari Joe is connected here to this operation.. its all too quick and responsive 

Edited August 28, 2021 by monty1412