Cyber Scam Crackdown in Thailand Leads to Seizure of Assets

cybercrime thailand

Myanmar Woman Arrested in Bangkok

On August 17, 2023, a Myanmar woman named Moe Moe Aye was arrested in Bangkok during a crackdown on online scams and cryptocurrency fraud by the Cyber Crime Investigation Bureau (CCIB). The 24-year-old was charged with colluding in fraud, inputting false information into a computer system, laundering money, and related offenses.

Raids Conducted Across Three Provinces

The CCIB conducted a total of 29 raids in Bangkok, Pathum Thani, and Chon Buri provinces at around 6 am on Thursday. In Bangkok, the team searched three locations, including a luxury condominium in the Asok-Rama IX area where they arrested Moe Moe Aye.

Seized Assets from the Operation

From the room where the suspect was apprehended, authorities recovered 4.4 million baht in cash, 17 bank passbooks, and 16 ATM cards. The other two premises in the capital, which were connected to a phone scam gang where a member posed as a police chief from Tak province, turned out to be empty.

Meanwhile, in Chon Buri, a high-end Rolls-Royce worth approximately 36 million baht was seized at one of the raided locations.

Phone Scam Gangs Targeting Unsuspecting Victims

These phone scam gangs operate by posing as police officers or other authority figures to deceive victims into transferring money. The recent crackdown on these operations aims to protect citizens from falling prey to such scams and to recover stolen assets.

Continued Efforts to Combat Online Scams and Cryptocurrency Fraud

The CCIB’s operation in these three provinces demonstrates its commitment to fighting online scams and cryptocurrency fraud. The seizures and arrests made during the raids are just one step in ongoing efforts to safeguard the financial security of individuals and businesses. It is crucial for everyone to remain vigilant and report any suspicious activities to the appropriate authorities to help combat these types of cybercrimes.