3The Central Bureau of Investigation recently uncovered a major transnational telecom fraud and money laundering case. Ben Peng, a 21- year-old Chiang Rai man, was arrested on suspicion of laundering money for more than 70 Chinese telecom fraud gangs. The gang used forged accounts, digital currency exchange and other methods to launder an average of 30 million baht per day, and the victims suffered losses of more than 10 million baht per transaction.
According to the investigation, the money laundering network is based in Poipet, Cambodia, and is controlled by Chinese leaders. They recruit Thai nationals to provide fake bank accounts and are responsible for cross-border transportation. Ben Peng, as a core member, not only undertakes translation work, but also uses Tether ( USDT ) to transfer the stolen money digitally, and can extract 8%-12% commission for each transaction. The police revealed that the gang receives about 20 Thai " ghost accounts " every day , and each account can receive 8,000-12,000 baht in compensation.
This operation is a phased result of the cross-border investigation by the Thai police. Previously, a fake account smuggling network in Sa Kaeo Province was destroyed. As the crackdown intensified, the money laundering office was suspended in February this year . The case is currently digging deeper into the flow of funds. The police call on the public to be vigilant against the " high-paying part-time job " trap and beware of becoming an accomplice to crime.