727 FinancePANews October 17 news, according to Khaosod English, Thai immigration police arrested a 37-year-old Chinese national wanted by Chinese authorities on suspicion of involvement in a transnational criminal network and money laundering. Investigators said the network handled transactions exceeding RMB 500 million (approximately THB 2.485 billion), and the suspect processed cryptocurrency and foreign currency exchange for criminal groups through more than 133 accounts, and is suspected of arranging visas for members of the related network.
To evade arrest, he used forged documents to register his residence, changed his license plate, and had his vehicle repainted, and was ultimately arrested at a luxury residence in the Saphan Sung district of Bangkok. His residence permit had been overstayed by approximately three years and eight months, and he has been charged with overstaying under Section 81 of the Immigration Act; he will be repatriated to China after legal proceedings in Thailand.