Nonthaburi, Thailand – The Economic Crime Suppression Division (ECS) has arrested a 49-year-old construction company executive for allegedly submitting over 500 fraudulent tax invoices to unlawfully claim tax credits, resulting in government losses exceeding 10 million baht.
The suspect, identified only as Phongsak, a director of a construction firm, was taken into custody at his residence in Bang Krang subdistrict, Mueang district, Nonthaburi province, under a warrant issued by the Thonburi Criminal Court (Warrant No. 189/2568, dated February 11).
The arrest was carried out by a team led by Police Colonel Narupon Karuna, superintendent of the ECS’s 2nd division, and Police Lieutenant Colonel Wannalop Rattanawong, following orders from ECS Commander Police Colonel Thathapoom Charuprat.
Fraud Uncovered by Revenue Officials
Investigations by regional revenue officials in Nonthaburi uncovered that Phongsak’s company had submitted 522 fake tax invoices, purportedly issued by other entities. These invoices were used to illegally claim value-added tax (VAT) credits, resulting in an estimated financial loss of 10,730,768 baht (approximately US$327,360).
The Revenue Department subsequently filed a complaint with ECS investigators, leading to the issuance of the arrest warrant.
Suspect Denies Charges
During initial questioning, Phongsak denied all charges. Authorities have transferred him to the ECS’s 2nd division for further legal proceedings.
The ECS continues its crackdown on economic and financial crimes, particularly fraudulent tax practices that cause significant harm to national revenue.
