Thai Police Bust Money Laundering Ring, Seize Assets Worth 50M Baht

[snoop1130]

Picture courtesy of Matichon

 

In a major crackdown on financial crime, Thai police have apprehended Ekachart Miprom, a high-ranking executive implicated in a significant money laundering operation. On March 27, authorities launched coordinated raids across Chanthaburi and Rayong provinces, arresting Ekachart, along with his wife, mother, and several accomplices.

 

The investigation, led by Police Lieutenant General Trairong Phueapan of the Cyber Crime Investigation Bureau, alongside Police Major General Sarayuth Junawath and Police Colonel Pakornkitt Thanawarinukul, targeted this network following arrest warrants issued by the Criminal Court on March 26. Among those detained were Ekachart, also known under the alias "M Ekachart," and five others, who were charged with conspiring to commit money laundering.

 

Police seized assets valued at over 50 million baht (approximately US$1.47 million), including over 1 million baht in cash, luxury vehicles, gold, amulets, bank documents, and other valuable items. The operation culminated at the Cyber Crime Investigation Bureau headquarters in Nonthaburi, where Lt. Gen. Trairong detailed the origins of the investigation.

 

 

 

The probe dates back to a police raid on December 28, targeting a location in Tha Mai district suspected of hosting an online gambling hub. Tracing financial transactions from bank accounts linked to Ekachart and his associates, investigators uncovered substantial illegal activity.

 

Evidence pointed to a network laundering illicit gambling proceeds, camouflaging them as lawful assets. Further scrutiny of Ekachart's social media activities revealed connections to online gambling, positioning him as both a participant and executive within the operation.

 

Following the court's approval of arrest warrants, investigators dismantled the illicit network by arresting Ekachart and his close collaborators, including family members complicit in the laundering scheme. This decisive action disrupts their operations and underscores Thailand's commitment to combating financial crimes orchestrated via cyber channels, reported The Thaiger.

 

-- 2025-03-28

 

 

[hotchilli]

15 hours ago, snoop1130 said:

On March 27, authorities launched coordinated raids across Chanthaburi and Rayong provinces, arresting Ekachart, along with his wife, mother, and several accomplices.

Maybe they can have ajoining cells...