Make

Major Arrests in Thailand’s Money Laundering Case

At 4:00 PM today, investigative authorities connected to the Department of Special Investigation (DSI) apprehended Mr. Samat Janchaivanit at Wat Huay Pak Khang in Chiang Rai. He is facing serious allegations of collaborating in money laundering activities. Prior to this, Mr. Samat's mother was also detained as part of the same investigation. The DSI has been on the trail of illicit financial transactions that link three main suspects, including a prominent business executive, since 2021. The investigation uncovered that the mother's bank accounts received massive sums exceeding 100 million baht, with recurrent transfers to Samat's account. Meanwhile, victims alleging investment fraud have emerged, with monetary losses around 25 million baht connected to Dr. Boon, who invites them to invest under false pretenses. Authorities continue to push for confirmations of Dr. Boon's current whereabouts after he fled Thailand in September. The urgency amplifies as affected parties seek legal actions and hearings to recover their funds, highlighting the serious ramifications of these fraudulent activities within Thailand's economic landscape.

Highlights

• DSI captures Samat Janchaivanit linked to money laundering.
• Samat's mother was also arrested in the same case.
• Investigation dates back to 2021 uncovering 100 million baht in suspicious transactions.
• Victims allege a fraudulent investment scheme tied to Dr. Boon.
• Dr. Boon reportedly fled to China, complicating recovery attempts.
• Authorities are intensifying investigations amidst the growing number of victims.
• Total reported losses from victims amount to 25 million baht.
• Investigation seeks to establish clearer financial trails.
• Public urged to report fraudulent activities related to these cases.
• Legal proceedings against Samat and associates are expected to escalate.