Police have arrested three suspects, including the brother of fugitive crypto figure “Acme”, at Don Mueang airport and other locations in connection with a large-scale investment fraud worth an estimated 1.3 billion baht. Authorities also seized a luxury car, branded goods and financial documents during coordinated raids across Bangkok. The case centres on alleged scams linked to online platforms “1000x.live” and “Wowbit”. Get today's headlines by email The arrests were announced on 27 March by officers from the Economic Crime Suppression Division (ECD). Among those detained were Ms Jutamas, arrested in Lat Phrao while preparing to travel to the airport, and Mr Atichat, brother of Worravat or “Acme”, who was apprehended at the international departures terminal of Don Mueang Airport. A third suspect, Mr Sakdina, was arrested at a residence in Don Mueang. All suspects face charges including public fraud, importing false data into a computer system, and money laundering, while Mr Sakdina faces an additional charge of fraudulent borrowing. Police searches at five locations uncovered four vehicles, Bentley, Mercedes-Benz, Toyota Hiace Majesty and Toyota Fortuner, worth around 25 million baht, along with 42 branded items and over 60 pieces of jewellery valued at more than 10 million baht. Investigators said the case stems from a 2023 complaint by the Securities and Exchange Commission (SEC) against Worravat, who allegedly operated the “1000x.live” platform without authorisation. He is accused of promoting high-return investments, claiming profits of up to 200%, and encouraging users to copy trades, while victims later found they could not withdraw funds. On 9 March 2026, 64 victims filed complaints over losses exceeding 80 million baht linked to the “Wowbit” project. Police allege the group expanded their scheme by promoting “ACT Coin” and high-yield crypto deposit products. Financial investigations revealed over 549 million baht in circulating funds, with suspects allegedly withdrawing cash across multiple branches in a single day before converting it into digital assets and laundering it through DeFi (Decentralized Finance) systems. Authorities confirmed that Worravat fled abroad in 2024 and is now subject to an Interpol Red Notice. Investigators believe he is the central figure behind both schemes, with links to a company named Bitnance Co., Ltd. The Central Investigation Bureau (CIB) has warned the public to exercise caution when investing online, particularly in schemes promising unusually high or guaranteed returns, showcasing luxury lifestyles, or urging quick decisions. Officials also highlighted risks associated with copy trading systems and newly issued tokens lacking clear underlying value. Matichon reported that police said further investigations are ongoing, with efforts continuing to trace financial flows, identify additional victims, and pursue the fugitive suspect through international cooperation. Pictures courtesy of Matichon Related story Thai-billionaire-wanted-for-alleged-crypto-scam Join the discussion? Already a member? Adapted by ASEAN Now Matichon 28 Mar 2026
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