Thai Immigration Bureau apprehends two Chinese suspects involved in cryptocurrency pyramid schemes
2026-11-15 12:47:36
According to CoinMeta, as reported by Thai media fm91, the Thai Immigration Bureau arrested two Chinese suspects on November 12 in the Rama 9 area of Bangkok. The suspects are a 52-year-old man and a 28-year-old woman. They are suspected of carrying out pyramid scheme fraud under the guise of cryptocurrency investment and were wanted by the public security authorities of Changde City, Hunan Province, China, on December 18, 2025. The case involved losses of over 3.2 billion Thai baht (approximately more than 600 million yuan). Based on clues provided by the Chinese side, Thai police identified the suspects through their entry and exit records and accommodation records, and then carried out the arrest near their apartment. Currently, the two individuals' residency permits in Thailand have been revoked, and Thailand is coordinating their repatriation to China for further investigation and judicial proceedings.
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