Thai authorities crack down on a notorious Chinese network indulged in cryptocurrency scams and money laundering, seizing assets.
Highlights
- Royal Thai Police swooped on 30 targets in Bangkok, Samut Prakan, and Udon Thani.
- Operation targeted notorious Chinese gang involved in cryptocurrency scams, romance scams, and money laundering schemes.
- Included is infamous model, Kiki Maxim, and several other accomplices.
- Luxury homes and vehicles seized during the operation, including a well-known model.
- The financial trail indicated cash and digital money transactions amounting to billions of baht.
- This laundered money was then used to purchase luxury homes and condos in Bangkok and its surrounding provinces, to sell them to Chinese buyers.
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