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Police crackdown on major online gambling racket, seize Bt320m in assets


snoop1130

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Technology Crime Suppression Bureau police have announced the successful crackdown on a major illegal online gambling network, with more than 200,000 gamblers registered as members. They also seized assets worth about Bt320 million.

 

Four suspects, including the manager and financial officials, were arrested following coordinated raids on 12 locations in Bangkok, mostly luxurious housing units and condominiums in the Phahonyothin, Asoke, Sukhumvit, Lat Phrao and Pathumwan areas.

 

The assets seized include seven luxury cars, worth over Bt40 million, Bt23 million in bank deposits, Bt14 million in gold ornaments, Buddha amulets worth Bt75 million, brand name products worth about Bt50 million and real estate valued at Bt127 million.

 

Full story: Thai PBS 2024-03-01

 

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16 hours ago, snoop1130 said:

The assets seized include seven luxury cars, worth over Bt40 million, Bt23 million in bank deposits, Bt14 million in gold ornaments, Buddha amulets worth Bt75 million, brand name products worth about Bt50 million and real estate valued at Bt127 million.

When police seize these assets, what happens to them after the bad boys are jailed?

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