BlockBeats report: On October 17, according to Thai media Khaosod English, Thai immigration police recently arrested a 37-year-old Chinese national in Bangkok, who is wanted by Chinese police for allegedly participating in a transnational criminal network and money laundering activities. Authorities stated that the related criminal network involved transactions exceeding RMB 500 million (approximately THB 2.485 billion).
The suspect is suspected of processing cryptocurrency and foreign exchange transactions for a criminal organization through over 133 accounts and assisting members of a transnational criminal network in obtaining visas. Police stated that the suspect evaded capture by falsifying residence registration documents, changing license plates, and altering vehicle appearances, and was ultimately apprehended at a luxury mansion in Bangkok. Thai authorities will address his overstay in accordance with the law and coordinate his repatriation to China for investigation.