฿700m in assets seized from another online gambling network in Thailand

[webfact]

 

Police have seized assets worth more than 700 million baht and arrested three suspects, including a former TV actress, for allegedly operating an online gambling operation and for streaming pornographic movies.

 

Pol Lt-Gen Jirabhop Bhuridej, commissioner of the Central Investigation Bureau (CIB), told the media on Friday that the CIB have been investigating the gang for about two years. Once they had amassed sufficient evidence, they sought search warrants for the premises in which the illegal activities were thought to be operated and for the arrests of eight people, believed to be the key members of the gang.

 

The three suspects arrested were identified as Bhumipat, his wife Thamonphan, a former actress, and Chetchai. The impounded assets include four houses, 12 luxury cars, 42 million baht in cash and many luxury wristwatches and otherbrand name products.

 

Full story: https://www.thaipbsworld.com/700m-in-assets-seized-from-another-online-gambling-network-in-thailand/

 

-- © Copyright Thai PBS 2022-12-17

 

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[Elkski]

"He said that police checked the taxation records of the three suspects with the Revenue Department and discovered that their declared earnings were insufficient to support their acquisition of the seized assets".   They should do this check on all government employees. 

[wombat]

Somewhere in the BiB network there are going to be some fat xmas bonuses 

[findlay13]

Great, this will all be returned to the public purse for improvements to country.

[scorecard]

3 hours ago, findlay13 said:

Great, this will all be returned to the public purse for improvements to country.

Not all, folks who 'report' such things get commissions/rewards, by law.

[futsukayoi]

I am sure the luxury wristwatches were just borrowed from a dead friend

[BE88]

CIB have been investigating the gang for about two years.

 

Waiting for the amount to reach 700 million, when do the policemen receive the sum seized? 5% ? Not bad to be a crime cop in Thailand????

[PETERTHEEATER]

Is the lady in the picture  hiding a gift voucher behind her back?

[MarcB]

Should have given his luxury watches to Prayut, then he would have been a free bird. Or dead.

[TheFishman1]

I wonder which top official gets all their assets TIT

[lujanit]

Was it really 42 million in cash or was a large amount siphoned off (highly likely) before they declared the total of 42 million?  You can't trust the BIB when money is found.

[hotchilli]

19 hours ago, webfact said:

The three suspects arrested were identified as Bhumipat, his wife Thamonphan, a former actress, and Chetchai. The impounded assets include four houses, 12 luxury cars, 42 million baht in cash and many luxury wristwatches and otherbrand name products.

Christmas gifts abound this year..

[hotchilli]

16 hours ago, wombat said:

Somewhere in the BiB network there are going to be some fat xmas bonuses 

Happy Mia Noi's

[HuskerDo2]

Insane. I wonder why people are so greedy. Who needs 4 houses and 12 luxury cars? Heck, if they would have shut down the operation months ago and lived a quiet life they would have been set for life. Instead, they will spend many years in jail and forfeit all they had. All due to greed. Too bad.

[mikebell]

4 hours ago, HuskerDo2 said:

they will spend many years in jail and forfeit all they had.

Not necessarily.  The BIB are open to offers.

[Deli]

They watched them for 2 years, learned the business, took brown envelopes and now they are ready to take over.

[Liverpool Lou]

20 hours ago, BE88 said:

Waiting for the amount to reach 700 million, when do the policemen receive the sum seized?

After they have been auctioned and that's only after the assets have not been proven to have been legally acquired.

[Liverpool Lou]

8 hours ago, lujanit said:

Was it really 42 million in cash or was a large amount siphoned off (highly likely) before they declared the total of 42 million?  You can't trust the BIB when money is found.

Any previous proven incidents that back your assertion or is it just barstool hearsay and speculation that the police routinely steal seized assets?

[Misty]

On 12/18/2022 at 6:55 AM, HuskerDo2 said:

Insane. I wonder why people are so greedy. Who needs 4 houses and 12 luxury cars? Heck, if they would have shut down the operation months ago and lived a quiet life they would have been set for life. Instead, they will spend many years in jail and forfeit all they had. All due to greed. Too bad.

Not sure if it's just greed. Purchase of these types of assets are a couple of the classic ways to launder ill-gotten gains.  Thai banks and financial institutions fall under AMLO oversight, and have reporting requirements that are enforced now.  The true ownership of property can be obfuscated, can cars can be easily moved around.

[BE88]

On 12/18/2022 at 2:33 PM, Liverpool Lou said:

After they have been auctioned and that's only after the assets have not been proven to have been legally acquired.

Waiting quietly is not a problem to receive free money.

[lujanit]

On 12/18/2022 at 2:40 PM, Liverpool Lou said:

Any previous proven incidents that back your assertion or is it just barstool hearsay and speculation that the police routinely steal seized assets?

I don't sit on a barstool.

 

Do you have any proof that the BIB don't regularly steal money from raids.  I didn't think so.  Everyone but you it seems knows that the BIB are the most corrupt organization in Thailand.  I have personal experience of the BIB's corruption.  Do you?

[Liverpool Lou]

53 minutes ago, lujanit said:

On 12/18/2022 at 2:40 PM, Liverpool Lou said:

Any previous proven incidents that back your assertion or is it just barstool hearsay and speculation that the police routinely steal seized assets?

I don't sit on a barstool.

 

Do you have any proof that the BIB don't regularly steal money from raids.  I didn't think so.

No, I do not, but then I do not have to prove a negative, you're the one who asserted that "the RTP do regularly steal money from raids or seized assets". so the onus is on you to evidence that claim!

[lujanit]

On 12/20/2022 at 10:18 AM, Liverpool Lou said:

No, I do not, but then I do not have to prove a negative, you're the one who asserted that "the RTP do regularly steal money from raids or seized assets". so the onus is on you to evidence that claim!

"Bar owner in one well known BKK entertainment suburb showed a few of us the rate card for staying open a few years back. The cops had actually felt secure enough to print it."  (From topic on bars not staying open until 0400).

 

If the cops are brazen enough to print cards showing rates for bars staying open after 0200 do you actually believe that the cops wouldn't take cash from raids?  You are living in a fairy land.

[Liverpool Lou]

23 minutes ago, lujanit said:

On 12/20/2022 at 10:18 AM, Liverpool Lou said:

No, I do not, but then I do not have to prove a negative, you're the one who asserted that "the RTP do regularly steal money from raids or seized assets". so the onus is on you to evidence that claim!

"Bar owner in one well known BKK entertainment suburb showed a few of us the rate card for staying open a few years back. The cops had actually felt secure enough to print it."  (From topic on bars not staying open until 0400).

 

If the cops are brazen enough to print cards showing rates for bars staying open after 0200 do you actually believe that the cops wouldn't take cash from raids?  You are living in a fairy land.

Thanks for confirming that you cannot back up your specific claim with anything empirical but you have to resort to years-old hearsay of a completely unassociated subject. 

 

I did not say that they may not be in a position to that, or that I don't believe that they would do that, I just asked you for evidence of your very specific, but speculative, accusation that they regularly purloin seized assets.   You have produced none.