Police have uncovered a cybercrime network that allegedly generated 500 million baht in revenue within just three months of its registration. The scheme, which targeted unsuspecting victims, has caused damages exceeding 800 million baht. Investigations are ongoing as over 50 victims have been identified so far.
The main suspect, Kritsada (23), admitted to being hired for a 500 baht wage to open a bank account on behalf of another suspect, identified as Ploy. Kritsada explained that he used the company’s registration documents to set up the accounts, later handing over the account books and SIM cards to Ploy.
Authorities have filed multiple charges against Kritsada, including involvement in a transnational criminal organisation, establishing an organisation to commit crimes, defrauding the public, inputting false information into a computer system, money laundering, and allowing others to use his bank account books and SIM cards for cybercrimes.
The investigation into this complex fraud and money laundering scheme continues as police work to uncover additional details and prevent further illegal activities tied to this transnational network.
