Five linked to card fraudListen to this articlePolice have arrested five people in a credit card fraud case that caused losses of about 18.4 million baht. Investigators said the group advertised on Facebook, claiming they could increase credit limits in exchange for a 10% share from interested victims. The suspects used the credit card information to contact banks and request higher limits by issuing fake cheques as guarantees, depositing them on Fridays to exploit banking holidays before funds could be cleared. During this window, the credit cards were used to purchase assets such as gold, causing a total damage of 18.4 million baht, police said. Officers seized cash, gold, forged cheques, electronic cards and mobile phones, police said.

Source: Bangkok Post January 24, 2026 22:13 UTC