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Thai & Indian Pair Arrested Over Gold Scam on US Victim

Featured Replies

 

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Pictures courtesy of Daily News

 

Cybercrime police have arrested an Indian man and a Thai woman accused of running a transnational online fraud scheme that tricked an American citizen into transferring more than $59,000. The funds were later used to buy gold in Thailand, which was sold in India at a profit. The operation, police said, is part of a larger network that defrauded over 20 foreign victims, with a total circulation of around 20 million baht.

 

Pol. Maj. Gen. Chatchapandakarn Khlaikhlueang, Deputy Commissioner of the Cyber Crime Investigation Bureau (CCIB), announced the arrests of Mr. Gurdeep, 29, an Indian national, and Ms. Wandee, 41, a Thai national, on 14 October. Mr. Gurdeep was apprehended at a residence in Bangkok’s Taling Chan district, while Ms. Wandee was arrested in Roi Et Province. Both face charges including participation in a transnational criminal organisation, fraud, money laundering, and introducing false information into computer systems.

 

The case began when a U.S. resident in Denver, Colorado, received a fake PayPal email requesting $451.99 for a Bitcoin transaction. The email included a U.S. phone number, which the victim called, leading to further deception. Believing the correspondence was legitimate, he transferred $54,350 to a corporate account in Thailand, followed by another $5,000 under threat of “further complications.” 

 

After noticing inconsistencies in the caller’s accent and phone origin, he contacted U.S. authorities, who traced the funds to Thailand. Pol. Col. Torsak Panklinphut, commander of Sub-division 4, CCIB 2, said investigators found the money had been deposited into a Thai company account registered under the name Farm LA, with Ms. Wandee listed as managing partner. The firm, set up only a month earlier, never engaged in legitimate business. The funds were later transferred to Mr. Gurdeep’s account and withdrawn to buy gold bars at a Wangburapha shop in Bangkok.

 

During questioning, Ms. Wandee admitted she was paid 10,000 baht to open the company account and forward any funds to her Indian associate. Mr. Gurdeep told investigators that he sold the gold in India, where prices are higher and had deceived Bangkok jewellers by claiming the money was from Indian customers buying Thai gold.

 

Authorities say around 20 victims, mainly from the United States and Africa, lost money in the same scam. Police will now work with domestic and international agencies to identify additional victims and scrutinise the growing misuse of corporate shell accounts in cyber fraud.

 

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Key Takeaways

 

• An Indian man and a Thai woman were arrested for a $59,000 online fraud targeting a U.S. citizen.

• The stolen money was laundered through a shell company and used to buy gold for resale in India.

• Police suspect at least 20 victims and 20 million baht in total losses linked to the network.

 

Related Stories

 

Bangkok-police-seize-gold-in-cross-border-scam-bust

 

Yemeni-suspect-arrested-in-thai-currency-scam-operation

 

image.png  Adapted by Asean Now From Dailynews 2025-10-15

 

 

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  • Popular Post

Greed for money makes people stupid.

Scammers are the worst of the worst...

Clever idea to exploit the Indian presence in Thailand.

Team up with them on scams and resell gold for profit in India. 

 

5 hours ago, Georgealbert said:

he sold the gold in India

How did he get the gold from Thailand to India ?

15 minutes ago, FlorC said:

How did he get the gold from Thailand to India ?

Carried in luggage perhaps, how else?

47 minutes ago, Liverpool Lou said:

Carried in luggage perhaps, how else?

Used to be often in the news that Indians are caught at the airport with gold.

 

It's near impossible to get through customs with gold.

 

11 hours ago, FlorC said:

How did he get the gold from Thailand to India ?

he melted down into little statues of ladyboys

  • 2 weeks later...
On 10/15/2025 at 8:15 AM, BerndD said:

Greed for money makes people stupid.

That's what I'm trying to be telling you 

5 hours ago, kiwikeith said:

That's what I'm trying to be telling you 

Where? I don't see any comment in which you try to explain this to me....

23 hours ago, BerndD said:

Where? I don't see any comment in which you try to explain this to me....

It's a take on Indian accent 

 

 

On 10/14/2025 at 9:29 PM, Georgealbert said:

Cybercrime police have arrested an Indian man and a Thai woman accused of running a transnational online fraud scheme

 

Never trust an Indian man, staying together with a tThai lady.

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