Law Targetting Mule Bank Accounts Officially Goes Into Effect in Thailand

The new law to battle the use of mule bank accounts by scammers and call-center gangs has officially gone into effect in Thailand.

From now on, individuals involved in facilitating the acquisition of bank accounts, electronic cards, e-wallets, or SIM cards for criminals will be subjected to 3-year imprisonment and a fine of up to 300,000 baht or both, the new law stipulates.

Full story: tpnnational.com

By Tanakorn Panyadee
TPNNational