Thailand Seizes $260 Million From Cyber Scam Network
Thai authorities successfully seized assets valued at 8.3 billion baht (US$260 million) from a money-laundering network. This crackdown is part of a wider investigation into transnational cyber scam operations linked to Cambodia.
Thai authorities have seized assets worth 8.3 billion baht (US$260 million) belonging to people behind an alleged money-laundering network linked to transnational cyber scam operations in Cambodia. The latest seizure by the Anti-Money Laundering Office included cash, cars, bank deposits and other securities, bringing the total value of assets confiscated in the widening probe to more than 20 billion baht, officials said at a briefing in Bangkok on Thursday. The network of offenders included...