BANGKOK, Thailand – A 58-year-old former bank investment adviser has been arrested over allegations that she secretly diverted more than 53.57 million baht from customers’ funds over a 13-year period by opening investment accounts and ATM cards without their permission.
Central Investigation Bureau (CIB) officers from the Crime Suppression Division arrested the woman, identified as Rungrachanee, outside a house in Bang Si Thong, Bang Kruai district, Nonthaburi. She was wanted under an arrest warrant issued by the South Bangkok Criminal Court on charges of stealing from her employer and forging and using forged financial documents.
Investigators allege that she exploited the trust placed in her as an investment adviser at a bank to obtain important documents belonging to 13 customers. She allegedly used them to open investment fund accounts and apply for ATM cards without their knowledge.
Police said she then secretly transferred customers’ money to trade investment funds and used the resulting profits for personal expenses. The alleged activity continued from 2012 to 2025, with the total amount involved reaching approximately 53.57 million baht. She also allegedly forged documents to conceal the transactions. The bank later detected irregularities and filed a police complaint. The Securities and Exchange Commission subsequently revoked her license and prohibited her from working in the capital market and securities business for 10 years.
Police said they continued investigating and tracking the suspect after the case attracted public attention on November 5, 2026, eventually locating and arresting her before transferring her to investigators for legal proceedings. During initial questioning, the suspect denied all allegations. She reportedly claimed that her family had suffered financial difficulties following the 2011 floods, leaving her under pressure as the family’s main breadwinner. The charges remain allegations, and the suspect is entitled to the presumption of innocence unless proven guilty in court.
