Thai Authorities Arrest 39 Suspects in Major Anti-Scam Operation

Key summary

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.