Samut Prakan, March 27th, 2025 — The Thai Economic Crime Suppression Division raided an accounting firm in Bang Phli, Samut Prakan, and a luxury residence near Suvarnabhumi Airport.
The crackdown uncovered a Chinese-run “nominee” company registration operation, illegally facilitating business registrations for foreign nationals. The operation led to the arrest of 72 individuals, including 51 Thais and 21 Chinese nationals, along with legal action against 15 companies involved.
Authorities seized assets worth over 150 million baht, including land deeds, company stamps, and documents related to visa and work permits.
The investigation follows the arrest of a suspect identified only as Li, a Chinese fugitive linked to a 14-billion-baht embezzlement scam, who had been allegedly using the nominee companies to conceal his activities.
The scheme involved using Thai citizens’ names to bypass regulations, allowing foreigners to operate businesses and hold property reserved for Thais. Authorities are continuing to expand the investigation into this widespread illegal operation.
This article originally appeared on our sister website The Pattaya News.
