Thailand seizes more than $300m in assets and issues 42 arrest warrants in cyberscam crackdown
Seizures and warrants involve Chinese-Cambodian tycoon Chen Zhi, who heads US-sanctioned Prince Group, and Cambodians Kok An and Yim LeakThailand has seized assets worth more than $300m, including shares in...
By Reuters · The Guardian World
Seizures and warrants involve Chinese-Cambodian tycoon Chen Zhi, who heads US-sanctioned Prince Group, and Cambodians Kok An and Yim Leak Thailand has seized assets worth more than $300m, including shares in a major regional energy company, and issued arrest warrants for 42 people in a high-profile push against regional scam networks, officials said on Wednesday. Parts of south-east Asia, including the border areas between Thailand, Myanmar and Cambodia, have become hubs for online fraud , with criminal networks earning billions from illegal compounds where trafficking victims are often forced to work. Continue reading...