Three Chinese crypto fraud suspects held

In Bangkok attacks, opulent cars, millions of dollars in funds, and false passports were seized.

Three Chinese crypto fraud suspects held
In an effort to stop a crypto fraud system, Pol Lt Gen Worawat Watnakhonbancha, the head of the Cyber Crime Investigation Bureau, and his team examine the cash, passports and valuables that were seized from the Chinese couple during the raid. ( Wassayos Ngamkham provided the photo )

In connection with bitcoin forgery, three Chinese nationals have been detained. Police raids in Bangkok resulted in the seizure of numerous assets, including cash and upscale vehicles.

According to Cyber Crime Investigation Bureau( CCIB ) chief Pol Lt Gen Worawat Watnakhonbancha, two of the raids resulted in arrests.

The first involved the hunt of two apartments at a posh hotel in the Rama IX neighborhood, where Zhang Han Lin, 54, and his family Zhou Lu, 29, were detained.

More than 4 million ringgit in dollars, ownership documents for three opulent condominium units for 44 million Baht, three comfort cars, a Porsche Cayenne, Mercedes-Benz, and Mini Cooper, as well as bank account passbooks, iPads, numerous brand-name bags, more than 100 sacks of currency, Chinese, Thai, or Vanuatu passports were all taken from them.

A Chinese girl named Liu Jiayu was detained and had numerous papers taken from her during another attack in Sukhumvit Soi 101 in the Phra Khanong neighborhood.

A Porsche Cayenne, one of three opulent vehicles seized from a Taiwanese pair allegedly connected to an online bitcoin fraud system, is parked next to the police. ( Wassayos Ngamkham provided the photo )

According to Pol Lt Gen Worawat, the attacks came after a Chinese man and woman were detained in the Srinakarin neighborhood of Bangkok during an earlier activity to prosecute bitcoin scammers. On May 26, the Criminal Court issued arrest warrants for the couple for fraud and money laundering.

According to Pol Lt Gen Worawat, the two had defrauded victims in many nations of around 10 billion baht by using false profile photos to tempt them to invest in false cryptocurrency assets online.

Thai immigrants were used as the suspects’ nominees in a business they had also established to dirty money stolen from their victims.

The most recent arrests took place after & nbsp, and CCIB investigators expanded their search to look for people connected to the fraud network.

The Chinese suspects’ area is searched for money and other valuables. ( Wassayos Ngamkham provided the photo )