Police and Immigration Bust Chinese Call Centre Gang in Investment Fraud Scheme

[Georgealbert]

 

 

Picture from the raid.

 

In a significant operation on August 30, Chonburi Police, in collaboration with the Immigration Bureau, successfully dismantled a Chinese call centre gang that had been defrauding thousands of victims through an elaborate stock investment scam. The operation was led under the supervision of Pol. Lt. Gen. Itthiphol Itthisarnronnachai, Commissioner of the Immigration Bureau, along with key officials including Pol. Maj. Gen. Panthana Nuchanart, Deputy Commissioner, and other senior officers.

 

Acting on intelligence, the team raided a luxurious residence in Pong Subdistrict, Bang Lamung District, Chonburi, covering over 4 rai of land. The raid resulted in the arrest of 15 Chinese nationals—14 men and one woman—along with the seizure of 18 computers and 90 mobile phones. The operation was executed under a search warrant numbered 258/2567.

 

 

Investigations revealed that the suspects were part of a sophisticated scheme targeting Chinese nationals, luring them into fraudulent stock investments. The operation was divided into three main roles: 

 

1. Initial Contact: The first group would cold-call potential victims, encouraging them to join a WeChat group where they were introduced to lucrative stock tips.

   

2. Investment Guidance: The victims were then added to a group on a new application called "Work Puls." Here, an administrator, who was also part of the criminal network, would provide daily stock investment advice, creating an illusion of legitimate financial guidance. The victims were further convinced to install an application that provided stock trading lessons, taught by members of the same criminal gang.

 

3. Execution of Fraud: After gaining the victims' trust by initially allowing them to earn small rewards (ranging from 20 to 100 yuan) through an Alipay account, the gang would then encourage larger investments, ultimately defrauding the victims of significant sums of money.

 

Pol. Maj. Gen. Panthana Nuchanart revealed that the group had rented the property for 150,000 baht per month and had only been operational for three days before the raid. Initial checks have identified over a thousand victims, though the suspects claimed they had just established their operations. The total financial damage is still under investigation, but it is expected to run into billions of baht.

 

The Chonburi Police and Immigration Bureau are continuing their investigations to uncover the full extent of the gang's activities and their potential links to other fraudulent operations.

 

-- 2024-09-01
 

 

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[mokwit]

The suspense is killing me, visa status? TM30 filed?

[brianthainess]

Investing money in a cold call, really how daft can you be. Ps I have some gold I will sell above stock price, honest Gov. My African Princess is sending it soon.

[hotchilli]

On 9/1/2024 at 4:22 AM, Georgealbert said:

The raid resulted in the arrest of 15 Chinese nationals—14 men and one woman—along with the seizure of 18 computers and 90 mobile phones. The operation was executed under a search warrant numbered 258/2567.

Jail them for 20 years... start to teach them a lesson.

[black tabby12345]

Good Job, busting those crook Basxxxd.

Throw them into BKK Hilton before deportation.

 

[CallumWK]

On 9/1/2024 at 4:22 AM, Georgealbert said:

had only been operational for three days before the raid.

 

On 9/1/2024 at 4:22 AM, Georgealbert said:

The total financial damage is still under investigation, but it is expected to run into billions of baht.

 

Billions of baht in just 3 days? WOW