Thai Authorities Arrest 39 Suspects in Major Anti-Scam Operation
Thai officials announced the arrest of 39 individuals and the seizure of assets exceeding 500 million baht during a coordinated crackdown on a transnational investment scam network. Dubbed Operation Anti-Scam Matrix, the operation involved raids at 27 locations across 11 provinces, targeting suspects accused of public fraud, identity impersonation, computer crimes, and money laundering. The group allegedly operated a fraudulent mobile app called ETO TH that promised high returns to victims via social media, resulting in reported losses over 173 million baht for at least 74 victims.
Thailand Business News ·