Ex-Chinese Bank Manager Arrested in Pattaya for 200 Million Baht Fraud
A former Chinese bank manager wanted for loan fraud worth over 200 million baht was arrested in Pattaya on October 25th.
At 4:11 PM, Chonburi Immigration officers apprehended 49-year-old Chinese national Mr. Wang Luan Fa at a hotel in Pattaya. Mr. Wang had been on the run from Chinese authorities for fraud and document forgery, after allegedly embezzling over 45 million yuan (approximately 225 million baht) in bank loans during his tenure as a deputy manager of a Chinese bank.
According to arresting officers, Chonburi Immigration was notified by the Chinese Embassy that Mr. Wang had fled to Pattaya following the issuance of an arrest warrant by the authorities in Hebei, China.
Mr. Wang reportedly admitted that he fled to Thailand through Cambodia’s border and had been hiding in Chonburi for around two months. He alleged that he committed the fraud to pay off personal debts. Upon his arrest, officers discovered around 170,000 baht in cash in his possession. Mr. Wang was handed over to Nongprue Police Station for further legal action and eventual deportation.
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