Multi-million dollar money laundering ring busted in Thailand

BANGKOK, Dec 4 (TNA) – Thai authorities have busted a billion-baht money laundering ring, arresting over 1,000 suspects linked to a network of shell companies and nominee directors.

Celebrity lawyer and wife remanded in custody for money laundering

The Economic Crime Suppression Division executed search warrants at 46 locations across the country, targeting a network linked to money laundering and other illicit activities. Over 442 companies, many of which were shell companies, were implicated in the scheme.

Full story: tna.mcot.net

TNA