(Photo: Central Investigation Bureau)Three Chinese nationals accused of orchestrating a massive investment fraud that cheated 10,000 victims out of 7 billion baht have been arrested in Bangkok and Chiang Mai. The suspects were wanted on warrants issued by the Chinese Ministry of Public Security on charges of illegally accepting deposits from the public. Police question two Chinese fraud suspects at a condominium in Bangkok during a raid on Friday. Chinese authorities later revoked the suspects’ travel documents and coordinated with Thai authorities, leading to their arrest. Mr Yang and Mr Wang said that they had kept a very low profile in Thailand, living in a condominium, rarely going out or socialising, and stockpiling supplies in their rooms to avoid detection.

Source: Bangkok Post January 10, 2026 08:05 UTC