Thread: Grocers were proxies for Chinese fraudsters

Police have discovered that two Bangkok grocers served as directors of 48 shell businesses linked to a Chinese couple accused of running a 10-billion-baht worldwide fraud scam.


According to Pol Maj Gen Amnat Traipote, deputy commissioner of the Cyber Crime Investigation Bureau (CCIB), the two grocers, who owned shops in Thon Buri, were paid 4,000 baht each month for each company they represented.


The tour guide services, brokerage, wholesale, holding, and property trading businesses were legally registered with the Department of Business Development.

Thai stockholders owned 51% of each company, with the remainder owned by Chinese citizens. The enterprises each had a registered capital of 5 million baht and were all headquartered in the same luxury home development in Prawet district where the Chinese couple was arrested on Wednesday.


According to Pol Maj Gen Amnat, police are now reviewing the companies’ tax documents.


Shaoxian Su, 31, and his girlfriend Keyi Ye, 25, were arrested on allegations of public fraud and money laundering at their 67-million-baht home in Prawet’s The Palazzo Srinakarin estate.


According to police, the pair duped people in a number of nations into making false investments in digital currencies and other assets, causing a total loss of 10 billion baht.


Police suspect that companies in their network bought 19 luxury houses in the same Prawet estate and leased them to other Chinese citizens.On Wednesday, authorities seized valuables worth hundreds of millions of baht from the couple.

Police Detain 48 Chinese Tourists In Bangkok Pub Raid

What a delight that China has made travelling easier for their citizens.

Gross Awry


Open All Hours Series 4 "The Till Compilation" - YouTube

Thais and Chinese in bed together, such an honest, moral cocktail.

I can't imagine the state of Cambodia nowadays.

Originally Posted by Edmond

I can't imagine the state of Cambodia nowadays.

Or Laos or Vietnam...