Central Investigation Police Thailand (CIB) Central Investigation Bureau.

Phuket Authorities Raid 17 Companies Suspected of Russian Ownership Using Thai Nominees

Phuket, Thailand – The Central Investigation Bureau (CIB) has conducted raids on 17 companies in Phuket amid suspicions that Thai nationals have been acting as illegal nominees for Russian individuals who are suspected of being the true business owners.

Investigation on Foreigners Using Thai Nominees to Run Businesses Continues in Phuket

The investigation was triggered by reports of fraudulent activity, with suspects falsely claiming affiliation with the Provincial Electricity Authority. Victims were allegedly coerced into downloading an application that allowed the suspects to gain control over their mobile phones. Subsequently, funds totaling over 500,000 baht were transferred from victims to the suspects. These ill-gotten gains were then converted into cryptocurrency via a Russian intermediary, says the CIB.

Full story: thephuketexpress.com

By Goongnang Suksawat
The Phuket Express

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