One of the participants in the crypto investment scam was arrested.

May 3 - Cyber police expand the results of a 530 million baht crypto investment scam. One of the victims, a 73-year-old grandfather, transferred over 308 million baht alone. Continuing from 23 April ago. Cyber police have announced Operation BLACK HAT to hunt down crypto investment scams, seizing over 125 million baht in assets and preparing to return them to the victims. This is the case where there were 5 victims who were scammed into creating fake profiles and tricking them into investing in digital assets or Cryptocurrency. It caused a total of more than 530 million baht worth of damage, with one of the victims being a 73-year-old man tricked into investing as much as 308,204,326.50 baht However, the financial route of the said crypto investment scam case is linked to the financial route of the case of two online gambling websites with a circulating amount of more than 13,000 million baht, leading to the arrest of 23 suspects and the seizure of cash. More than 117 million baht, along with 1 Porsche car worth 8 million baht, totaling assets worth more than 125 million baht, to enter the inspection process and distribute the assets back to the victims. From the above case Police Lieutenant General Worawat Wattanakornbancha, Commander-in-Chief of the Royal Thai Armed Forces, has ordered the expansion of results in all dimensions. By arresting all suspects involved in the process. Pol. Maj. Gen. Sathit Prom-uthai, commander of the 3rd Special Operations Command, assigned Pol. Col. Adicat Amornpradit, director of news analysis and special equipment, the 3rd Special Operations Command, to organize a team of officers to go to the area to investigate. more Until information was found that Mr. Pradit, 30 years old, from Khon Kaen, one of the participants in the movement, had fled and hid in the area of Khlong Luang District, Pathum Thani Province. Until the investigative team was placed in wait. When he was found, he brought an arrest warrant from the Criminal Court No. 1655/2567 dated 22 April 2024 to arrest the suspect in front of a shophouse in the area of Village No. 1, Soi 5, Khlong Nueng Subdistrict, Khlong Luang District, Pathum Thani Province. defraud the public and by dishonesty or by deception Introduce into the computer system any computer data that is distorted or falsified, whether in whole or in part. or computer information that is false in a way that is likely to cause damage to the public and work together to launder money.' Initially, the accused denied all charges. Therefore, he was taken to be prosecuted according to the law. Source: Thai News Agency