Indonesian National Arrested in Thailand for Forex Investment Scam and Overstaying

[webfact]

 

In a proactive move to combat crime, Thailand's National Police, led by Lt. Gen. Torasak Sukwimol, the Police Commissioner, and Lt. Gen. Surachet Hakpal, the Deputy Police Commissioner, executed measures to prevent and suppress illegal activities. 

 

The immigration police detained a 39-year-old Indonesian man who had overstayed in Thailand for over two years and was accused of involvement in a fraudulent forex investment scheme.

 

Under the supervision of Pol. Lt. Gen. Itthipon Itthisarnrat, the STAM Commander, and with the collaboration of various police units, the authorities apprehended the suspect, referred to as Paul (a pseudonym), following an investigation that revealed his involvement in deceiving investors with a total loss estimated at approximately 320 million Thai Baht, reported Siam Rath.

 

The arrest occurred based on information gathered through advanced information technology systems, indicating that Paul had been residing in Thailand beyond the authorized period. Interpol had also issued a red notice for his arrest, highlighting his alleged involvement in fraud. Paul is accused of manipulating individuals into investing in the forex market, causing significant financial harm.

 

Picture: Siam Rath

 

Upon capturing Paul, the police discovered that he had purchased a luxurious house worth more than 8 million Thai Baht in a suburban area of Nonthaburi Province, using his Thai wife's name as the buyer. Subsequently, a search warrant was obtained from the Nonthaburi Provincial Court, leading to the discovery of cash in Singaporean dollars and other assets, totaling around 2 million Thai Baht, inside a safe in his bedroom.

 

During questioning, Paul admitted to being the subject of an Indonesian arrest warrant for fraudulently persuading victims to invest in forex, resulting in substantial financial losses. He had evaded arrest in Indonesia and had been hiding in Thailand, confident he would not be pursued.

 

Picture: Siam Rath

 

In response to the arrest, Pol. Lt. Gen. Prapansak Prasansuk, the STAM Deputy Commander, ordered a comprehensive investigation into Paul's activities, ensuring that legal proceedings would be conducted in adherence to Thai law. The authorities are determined to address cases involving foreign nationals engaged in illegal activities within the country, safeguarding the well-being and assets of Thai citizens and preserving the nation's reputation.

 

TOP Picture: Siam Rath

 

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[flyingtlger]

3 hours ago, webfact said:

He had evaded arrest in Indonesia and had been hiding in Thailand, confident he would not be pursued.

LOL, his logic didn't pan out....

[soalbundy]

His wife must be overjoyed.

[ThaiFelix]

Yes I just read yesterday how the TAT were in Indonesia trying to get more Indos to come here lol!

[Hakuna Matata]

6 hours ago, webfact said:

The immigration police detained a 39-year-old Indonesian man who had overstayed in Thailand for over two years

 

Did he also use this trendy "Yellow ID Card"?

 

Very convenient for criminals and fugitives from all over the world who have found a safe heaven in Thailand, isn't it?

[Bobydog]

3 hours ago, flyingtlger said:

LOL, his logic didn't pan out....

He had the right idea lol bad luck on his part

[hotchilli]

6 hours ago, webfact said:

The arrest occurred based on information gathered through advanced information technology systems, indicating that Paul had been residing in Thailand beyond the authorized period

His last 90 report is in here somewhere.. 

[Iron Tongue]

7 hours ago, webfact said:

In a proactive move to combat crime,

I am sooo glad they were proactive like this!

Good thing he wasn't able to overstay by 3-years, or steal more than 320 million baht.  

 

 

[Jenkins9039]

A) It appears that there is a allegation in Indonesia.

B) It appears a red notice was issued.

 

C) It appears immigration forgot to track down non-law-abiding (visa) residents.

 

What visa did he have?

[TheFishman1]

It sounds like probably the red notice is what did amend of course  the Red Bull guy who Thailand never really issued a red alert to interpole properly is enjoying life waiting for the time to run out so you can come back to Thailand. It’s just a travesty of justice here in Thailand not to mention the criminal ex-Prime Minister, who fled the country with billions of dollars comes back and gets treated like a VIP and a luxury sweet hospital not one full day behind the bars what a joke justice in Thailand TIT

[milesinnz]

Understanding the importance of the 90 day reporting, I must assume he was also reporting in every 90 days.. ???

[newbee2022]

What is the more severe crime? Overstay or his scam? I'm curious 🧐

[Ironmike]

With so many Russians coming here and living working without work permits illegally it's going to be a huge problem soon, something needs to be done about this yesterday 

[Confuscious]

If the RTP would be looking for all the THAI scammers on Facebook and other Social-Media (ie fake Driver Licences) I would have some admiration for them.
But knowing that the RTP will never waste their time on rolling up the Thai scammers, my admiration for the RTP is below 1 Degree Kelvin.

 

[Huckenfell]

Will the Thai wife get to keep her house even if she cannot prove that she payed for it  with her own earnings or money 

[gerritkaew]

On 1/24/2024 at 1:14 PM, soalbundy said:

His wife must be overjoyed.

yes,, she got the house,, iff some police chef not keep it for himself..