In an international operation named ‘Trust No One,’ the Thai Cyber Police launched an intensive quest for cryptocurrency fraudsters concerned in a worldwide rip-off value billions. The second phase of the operation led to a dramatic search in upmarket properties throughout Bangkok right now, revealing stunning particulars a couple of Chinese couple’s involvement in the fraud.
The Cyber Police, led by Damrongsak Kittiprapas and Roy Ingpairoj, orchestrated the investigation’s second phase, main a process force in 10 locations across Bangkok, Samut Prakan, and Chon Buri. Case study on finding essential evidence linked to the cryptocurrency scam.
In a spectacular episode of the operation, the team stormed right into a 37-floor luxury rental within the Sathorn district, price an estimated 128 million baht (US$3,635,693). The dwelling, decked out in exorbitant fittings, was residence to Abin Ye, the husband of Keyi Ye, also recognized as Ki Yee Ye. Both of Chinese nationality, the couple had been the primary suspects within the cryptocurrency case, earlier apprehended following an arrest warrant issued by the Criminal Court on May 26, for their involvement in defrauding the public and cash laundering, reported KhaoSod.
Abin had additionally been declared an international fugitive by Interpol for his alleged participation in deceiving Chinese citizens out of greater than 180 million yuan (880 million baht). An initial examination of the raided property resulted in a number of key items of documentation and digital tools that had been left behind, all of which were seized for additional investigation.
In addition to the Sathorn condo, the commando additionally raided several other luxurious residences, each valued at 60 to eighty million baht. These properties, located in Samut Prakan and Chon Buri, had been reportedly purchased in the identify of Chinese-funded companies. The police thus seized these properties for further procedures beneath the law.
This operation is an expansion of the first part of the ‘Trust No One’ mission, during which six premises within the Sriracha district have been searched, and two Chinese suspects, 31 yr old Saosian Zhu, and 25 year outdated Ki Yi Yee have been arrested. These cryptocurrency suspects had allegedly lured victims via numerous social media channels utilizing solid profiles. They enticed investments in pretend platforms for buying and selling digital foreign money or other assets, a hybrid rip-off that robbed victims of over 35 million baht..