BANGKOK — Thai Authorities Bust International COVID-Era Scam Network, Arrest 7 in $60M Fraud Case
Thai authorities have arrested seven suspects, including three foreign nationals, in a high-profile crackdown on an international fraud ring accused of scamming over 2 billion baht ($61 million) through fake medical equipment sales during the COVID-19 pandemic.
The operation, led by the Department of Special Investigation (DSI), involved simultaneous raids at 11 locations across five provinces on Thursday. It marked the culmination of a five-year investigation into a transnational criminal network that operated thousands of fraudulent websites selling non-existent medical supplies.
International Victims and Major Financial Losses
Officials say the network targeted around 30 victims globally, defrauding individuals and businesses with promises of critical medical supplies. Among the victims was a Vietnamese national who personally traveled to Thailand to witness the crackdown after losing over 8 million baht (approximately $245,000).
Foreign-Led Operation with Local Ties
The suspects arrested include two Nigerian nationals found in Bangkok and Chanthaburi, and a Cameroonian English teacher detained in Krabi. Four Thai nationals were also taken into custody for their roles as accomplices and local facilitators.
Investigators revealed the operation was led by foreigners married to Thai women, who used their local ties to set up fake export companies to launder proceeds and present a façade of legitimacy.
Warehouse Raid Uncovers Hidden Suspects
The most dramatic moment unfolded at Falcon Junior Export Cargo Co., Ltd., a warehouse on Bangkok’s Phetchaburi Road. When DSI officers arrived with a warrant, they were met with silence. Upon forcing entry, the team—led by Deputy DSI Director-General Pol. Lt. Col. Wisanu Chimtrakul and Technology Crime Division Director Pol. Lt. Col. Khemchat Prakaiongmanee—found the premises seemingly deserted until they discovered two Nigerian suspects hiding under a staircase.
Cryptocurrency Used to Conceal Fraud
The syndicate funneled stolen funds through proxy bank accounts before converting them into cryptocurrency, complicating law enforcement’s efforts to trace the money trail. The ringleader, identified as Mr. Levinus, 55, a Nigerian national, now faces charges including transnational crime, computer fraud, deception of the public, and money laundering conspiracy.
Ongoing Investigation and Asset Recovery
In total, 24 arrest warrants have been issued in connection to the scam. Seized assets include vehicles, cash, and cryptocurrency. The Anti-Money Laundering Office (AMLO) will handle civil asset forfeiture procedures to compensate the victims.
Authorities praised the operation as a significant victory in the fight against organized international cybercrime and financial fraud.
“This case shows that justice may take time, but it will be served,” said Pol. Lt. Col. Khemchat. “We will continue pursuing those who think they can hide behind digital borders.”
