The asset-seizing order is in effect for 90 days to prevent any or all of the assets being transferred, sold, embezzled or concealed from the authorities. In the first case, authorities said the Revenue Code and the Anti-Money Laundering Act of 1999 was violated by tour operators accused of involved in a “zero-dollar tour” network. Forged documents were allegedly used in the loan applications, he said, in a case that allegedly led to damages worth Bt3.4 billion to banks, he added. In the third case, Bt53 million in 120 bank accounts belonging to suspect Thaweesak Sujaritwattananont and others were seized. The suspects were allegedly linked to a Thailand-China-Taiwan call-centre scam that is accused of duping at least 13 victims in Northern Thailand and resulting in damages worth Bt19.8 million, Rommasit said.

Source: The Nation Bangkok December 14, 2017 10:57 UTC