CCIB arrests 14 suspects, seizes assets, and dismantles gambling and investment fraud networks linked to 700 million baht.
BANGKOK, Thailand – The Cyber Crime Investigation Bureau (CCIB) announced the results of a major enforcement campaign in southern Thailand, dismantling a fraudulent stock investment ring and seizing assets from illegal gambling websites with a total circulation exceeding 700 million baht.
CCIB Deputy Commissioner Police Major General Tinnakorn Rangmat led a press conference at the Royal Phuket City Hotel on June 21. Senior cyber police commanders, provincial investigators, tourist police, and immigration officials were also present. The operation, conducted since June 1, led to the arrest of 14 suspects and the seizure of assets and evidence valued at over 15 million baht. Cases included online investment fraud, online gambling, illegal firearms, influential groups, and informal lending.
In an online investment fraud case, police dismantled a network accused of luring victims into fake stock trading, resulting in losses exceeding 7.6 million baht. Investigators linked the group to 117 complaints, totaling damages of over 173 million baht. Police searched five locations, obtained arrest warrants for nine suspects, and arrested two. One additional suspect was reported, and six remain at large. In online gambling cases, police disrupted three networks with a combined circulation exceeding 700 million baht. Seven suspects were arrested, and officers seized cash, vehicles, gold, mobile phones, computers, and related evidence. Police also arrested three suspects for illegal firearms and informal lending, seizing 10 firearms and 100 rounds of ammunition. Pol. Maj. Gen. Tinnakorn stated that cyber police will continue to combat online crime, disrupt criminal financial networks, and expand investigations to all involved parties. He urged the public to exercise caution when investing online and to verify information before transferring money to avoid falling victim to cybercrime. (NNT)
