Popular Post snoop1130 Posted November 29, 2022 Popular Post Share Posted November 29, 2022 Thai police impounded three luxury houses, a penthouse and ten luxury cars today (Tuesday), with a combined value of over 400 million baht, which are believed to belong to a group of Chinese businessmen allegedly involved in “grey” businesses in Thailand. According to Pol Gen Torsak Sukvimol, the deputy national police chief, Thai police seized the houses in a housing estate in Soi La Salle in Bangkok’s Bang Na area, after it was discovered that they were bought by a Thai company, the majority of shares in which are believed to be in the names of Thai nominees. Ten luxury cars, found at the three houses,were also impounded. Separately, another team of police went to a high-end condominium building on Charoen Nakhon Road and impounded a penthouse unit, worth about 100 million baht, believed to be linked to the same group of Chinese businessmen. About three million baht in Thai and Chinese currency were also found in the penthouse. Full Story: https://www.thaipbsworld.com/police-seize-400m-in-assets-from-group-of-chinese-businessmen/ -- © Copyright Thai PBS 2022-11-29 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more! 1 3 Link to comment Share on other sites More sharing options...
ronster Posted November 29, 2022 Share Posted November 29, 2022 11 hours ago, snoop1130 said: According to Pol Gen Torsak Sukvimol, the deputy national police chief, Thai police seized the houses in a housing estate in Soi La Salle in Bangkok’s Bang Na area, after it was discovered that they were bought by a Thai company, the majority of shares in which are believed to be in the names of Thai nominees. So are they going to seize everyone’s property in the country now bought this way ? ???? 1 1 Link to comment Share on other sites More sharing options...
Smokey and the Bandit Posted November 30, 2022 Share Posted November 30, 2022 34 minutes ago, ronster said: So are they going to seize everyone’s property in the country now bought this way ? ???? If they do they are going to upset a lot of people????? 1 Link to comment Share on other sites More sharing options...
lujanit Posted November 30, 2022 Share Posted November 30, 2022 13 hours ago, snoop1130 said: About three million baht in Thai and Chinese currency were also found in the penthouse. I wonder how much was really found? I suspect a lot more than three million baht. 1 Link to comment Share on other sites More sharing options...
mikeymike100 Posted November 30, 2022 Share Posted November 30, 2022 1 hour ago, lujanit said: I wonder how much was really found? I suspect a lot more than three million baht. I tend to agree with you, I wonder if the police issued a receipt????? Link to comment Share on other sites More sharing options...
spidermike007 Posted November 30, 2022 Share Posted November 30, 2022 The police likely kept most of the seized cash. Wonder if they have legal standing with regard to these seizures. It is their own assets that need to be seized. I wonder how much Chinese crime money finds its way to Xi, and the CCP. Likely, alot. Link to comment Share on other sites More sharing options...
Purdey Posted November 30, 2022 Share Posted November 30, 2022 It is time for police generals to declare their assets. 1 Link to comment Share on other sites More sharing options...
hotchilli Posted November 30, 2022 Share Posted November 30, 2022 15 hours ago, snoop1130 said: Thai police impounded three luxury houses, a penthouse and ten luxury cars today (Tuesday), with a combined value of over 400 million baht, which are believed to belong to a group of Chinese businessmen allegedly involved in “grey” businesses in Thailand. Proceeds to go to the well connected? Link to comment Share on other sites More sharing options...
hotchilli Posted November 30, 2022 Share Posted November 30, 2022 1 hour ago, Purdey said: It is time for police generals to declare their assets. That's as much a grey area as the businessmens. Link to comment Share on other sites More sharing options...
thesetat Posted December 1, 2022 Share Posted December 1, 2022 On 11/30/2022 at 7:32 AM, Smokey and the Bandit said: If they do they are going to upset a lot of people????? foreigners you mean. So they will not care that. Link to comment Share on other sites More sharing options...
bangon04 Posted December 1, 2022 Share Posted December 1, 2022 Is Mo Dern Gem a common chinese name? Link to comment Share on other sites More sharing options...
carbuyer Posted December 1, 2022 Share Posted December 1, 2022 Busted for using the Thai 51% loophole for owning property. There are a LOT of people here who own a property under a Thai shell corporation. Could be problems ahead for them. 1 Link to comment Share on other sites More sharing options...
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