Thai Police Smash Major Tax Invoice Forgery Scam

[webfact]

Major tax invoice forgery scam busted
By Digital Media



BANGKOK, June 6 – Thai police have made an arrest in a major falsified tax invoice scam and seized evidence of fake tax invoices of goods valued almost Bt3 billion.

Sathit Rangkasiri, director-general of the revenue department, and Pol Col Chainarong Charoenchainao, deputy commander of the economic crime division told a news conference on Wednesday of the arrest of Phisit Prachakchaikul and confiscation of forged tax invoices of goods worth Bt2.9 billion with value added tax of about Bt207 million. It is the biggest such case in two years.

The arrest followed a tip about a fraudulent tax invoice business ring, which caused heavy tax losses to the state.

Following the investigation, the police contacted the suspect and pretended to buy fake tax invoices, leading to the arrest of the suspect.

The authorities also checked information and tracked the suspect’s customers in many businesses such as in the construction sector.

Mr Sathit added that violators are subject to imprisonment of three months to seven years and a fine of Bt2,000 to a maximum of Bt 200,000. (MCOT online news)


-- TNA 2013-06-06

[JetsetBkk]

violators are subject to imprisonment of three months to seven years and a fine of Bt2,000 to a maximum of Bt 200,000.

If there's a choice, I'm sure they will pay the fine, and any other monies requested.

[wxpwzrd]

Someone missed a bribe payment.

[edit]

Gone are the days when you had to break into a bank or hold up a train to steal money

[winstonc]

wow bit harsh there laws are here im keeping me head down,,,,

[SSSlongtime]

Gone are the days when you had to break into a bank or hold up a train to steal money

seems you need brains to be a gangster today

[Joe Mamma]

The bad Karma of deceit, takes its toll.

[sangfroid]

This is yet another version of a similar scam which was run in the early 90's The sums of money were phenomenal. $200 million US was one sum mentioned. One part of the scam involved shipping containers all over Asia. They were full of old cars and motorbikes and any other rubbish to make them seem heavy.

The cops moved in and solemnly announced "We have their names" We know where they are " 'The law will deal with them harshly" ha ha ha NOTHING ever came of it.....Everyone got paid off to shut up and that was the end of it.

[scar2]

"goods worth Bt2.9 billion with value added tax of about Bt207 million"

"And a fine of a maximum of Bt 200,000"

Looks like it pays off to do the crime!!!

[SOTIRIOS]

....that's right...this is not peanuts....organized corruption...probably directed by people in the position to know how to do it...

...now just find a 'fall guy'.....and look no further....

[thhMan]

Thailand has the education and morals to do any scam... -sic-

[DGIE]

How clever this scammer is! He did earn much money in another way

[lee b]

Good on the police for busting this scam !!