Thai man arrested for laundering money for over 70 call centre scam gangs, using cryptocurrency. He worked with a Chinese boss to transfer illicit funds.
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| A Thai man was arrested for laundering money for over 70 call centre gangs, using cryptocurrency and fake accounts to transfer funds for a Chinese boss. Image: The Star |
Bangkok, Thailand – March 10, 2025:
A Thai man has been arrested for laundering money for over 70 call centre scam gangs, according to the Technology Crime Suppression Division (TCSD). The suspect, who has not been named, was arrested in his residence in Mae Fah Luang district, Chiang Rai, after he returned home to escape Thailand’s large-scale crackdown on call centre fraud operations in February, reports The Straits Times/ANN/ The Star.
The suspect, who worked in a Poipet office operated by a Chinese gang boss, revealed that he had been involved in laundering the proceeds from these scams, which generated around 30 million baht. His tasks included translating for the Chinese bosses, managing the creation of mule accounts, scanning account holders, and converting funds into Tether USDT cryptocurrency via platforms like Binance and Bitkub. The digital currency was then transferred to the Chinese boss's wallet and redistributed to call centre gangs according to their earnings.
The arrested individual is facing serious charges including involvement in transnational crime, defrauding the public, and falsifying computer system data. Police continue to investigate the operation as part of efforts to dismantle these illegal activities. The arrest highlights growing concerns about the role of cryptocurrency in enabling fraud and money laundering.