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Former Chinese Bank Deputy Manager Arrested for Document Forgery & 200 Million Bank Fraud


Georgealbert

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Authorities in Chonburi have arrested Wang Luan Fa, a 49-year-old former deputy manager of a Chinese bank, who fled to Thailand after being accused of orchestrating a 200 million baht loan fraud scheme in China. 

 

The Immigration Bureau, led by Pol. Col. Napaspong Khositsuriyamanee, Chonburi Immigration Police Chief, detained Wang at a hotel in Pattaya following a tip-off from the Chinese Embassy.

 

Wang is wanted in Hebei, China, for fraud and document forgery. As a former deputy bank manager, he allegedly conspired with others to forge documents and embezzle 45 million yuan (approximately 225 million baht) in loan funds. After the scheme was uncovered, he fled to Thailand, reportedly crossing the Cambodian border and residing in Chonburi for around two months.

 

Upon arrest, officers recovered 170,000 baht in cash from Wang’s hotel room. He admitted to entering Thailand illegally to escape financial ruin, claiming he intended to use his share of the stolen funds to clear personal debts.

 

Wang has been transferred to Nong Prue Police Station for further investigation and extradition proceedings.

 

Pictures courtesy of the police.

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-- 2024-10-27


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