Thai media: Thailand discovers multinational fraud group with over 10 billion baht in assets.

According to the report from the Thai newspaper Khao Sod English on the 3rd, Thai police recently seized assets worth over 10 billion baht in a raid on four multinational fraud groups, including luxury cars, yachts, bank accounts, and land. The Anti Money Laundering Office of Thailand held a press conference on the 3rd to explain the operation, attended by Prime Minister Anutin and the police chief. The report stated that this operation was carried out after a joint investigation by the Anti Money Laundering Office of Thailand and related agencies. In addition to seizing assets, Thai police issued arrest warrants for 42 suspects and arrested 29 people, charged with organized crime, fraud, and money laundering. It is worth mentioning that in this operation, Thai police seized about 100 items belonging to the founder of the "Tai Zi Group", Chen Zhi. As one of the largest companies in Cambodia, the "Tai Zi Group" has been operating in more than 30 countries and regions since 2015, focusing on real estate, finance, and consumer goods. In October, the US Department of Justice imposed comprehensive sanctions on Chen Zhi, 146 associates, and over 100 companies for crimes such as telecom fraud and conspiracy to launder money, and designated the "Tai Zi Group" as a "transnational criminal organization", while also seizing approximately $15 billion worth of bitcoins. Anutin stated on the 3rd that the Thai government takes such criminal behavior seriously and will fully support relevant agencies in taking legal action, without giving any exceptions or special treatment to any group or individual.