Cyber police bust luxurious house, arrest Chinese crypto gang for global investment scam

Cyber police yesterday raided a lavish home in the Bang Na district of Bangkok and arrested a Chinese couple concerned in an international cryptocurrency scam. The operation, ‘Trust No One,’ seized useful assets price millions and investigated other linked areas across the town.
In record time launched the ‘Trust No One’ operation, targeting a world cryptocurrency rip-off operated by a Chinese couple. The major focus was on the Bang Na district, where a luxurious house valued at 60 million baht was searched. Among the 5 focused areas within the area, authorities arrested two suspects: 31 year old Mingjian Su, and his 25 yr outdated wife Yixi Li. Both confronted charges of collectively defrauding the basic public and laundering cash.
During the operation, police confiscated over 1.5 million baht in cash, a land title deed for a property value greater than 60 million baht, and 4 upscale condo items in Sukhumvit worth 128 million baht. Other seized property included 14 Barbie dolls, six iPhones, an iPad, a MacBook pc, and numerous designer handbags, such as Hermès and Chanel.
The investigation continued with 16 other areas inside the similar village and a lavish residence within the Bangkok Krita space, where additional evidence was gathered reviews Khaosod.
The operation stemmed from a quantity of complaints by victims who had fallen for the scam through faux online profiles and social media campaigns luring them to spend cash on fraudulent digital forex and asset trading platforms. Initial losses were estimated to be round 35 million baht from victims in a quantity of areas.
The cyber police coordinated info with the FBI, US Secret Service, and US Homeland Security, discovering instances linked to the community within the US and England, with whole damages estimated to exceed a billion baht..

Leave a Comment