Cabinet drafts decree to deal with fraudulent online money transfers

[snoop1130]

 

The Thai cabinet endorsed a draft executive decree on Tuesday to cope with rising online fraud, targeting individuals who knowingly open a bank account or an e-wallet for use by other people or lend their mobile phone SIM cards to the other people when they know or “should” know that they will be used for illegal activities.

 

These individuals will face a maximum jail term of 3 years and/or a fine of 300,000 baht if convicted.

 

The executive decree also targets individuals who offer for sale bank accounts, electronic cards, e-wallets or SIM cards which they “should” know may be used for illegal activities. They can face 2-5 years in prison and/or a fine of between 200,000-500,000 baht if found guilty.

 

Full Story: https://www.thaipbsworld.com/cabinet-drafts-decree-to-deal-with-fraudulent-online-money-transfers/

 

-- © Copyright Thai PBS 2023-01-24

 

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[worgeordie]

If the Government is enacting these laws, you can be sure they have another

way to launder all the ill gotten gains and get it to safe places,

 

regards worgeoordie 

[Dazkkk]

11 hours ago, worgeordie said:

If the Government is enacting these laws, you can be sure they have another

way to launder all the ill gotten gains and get it to safe places,

 

regards worgeoordie 

 

Bitcoin is probably at the top of that list mate. ????

[Mad mick]

Well just dissolve cabinet Government gone ????????????????????????

Edited January 25, 2023 by Mad mick