BANGKOK, Thailand – Thai police launched the eighth phase of an operation targeting suspected foreign nominee networks on October 10, raiding 17 locations across four luxury housing developments in Bang Na, Suan Luang, Rama 9, Srinakarin and Krungthep Kreetha. Police said the investigation uncovered suspected companies using Thai nationals as nominees to hold residential properties and land. Investigators identified 94 houses linked to 95 companies, with assets valued at more than 6 billion baht. Authorities issued 86 arrest warrants for foreign suspects and arrested 11 people, comprising 10 Chinese nationals and one American.
Investigators also found that some company shareholders were individuals wanted by Chinese authorities in connection with murder, fraud and online scam cases. Others were reportedly subject to Interpol Red Notices or arrest warrants issued by the Phra Khanong Criminal Court. The operation was led by National Police Chief Pol Gen Samran Nualma, Immigration Bureau Commissioner Pol Lt Gen Noppasilp Poonsawat and Metropolitan Police Bureau Commissioner Pol Lt Gen Siam Boonsom.
The latest raids follow seven previous phases of the nominee crackdown. Police said those operations examined 297 companies and 309 land plots with a combined value of approximately 3.039 billion baht. Authorities obtained 238 arrest warrants, arrested 118 people and secured court verdicts in 20 cases.
The Royal Thai Police said the campaign aims to prevent Thai nationals from acting as nominees for foreigners seeking to hold land or operate businesses unlawfully. It stressed that the measures are not intended to block legitimate foreign investment. Police will continue expanding investigations across Thailand. Anyone with relevant information can contact their local police station or call the 1599 police hotline, available 24 hours a day.
