35.9 C
Bangkok
Friday, May 3, 2024

500 million baht returned to China seized from illegal Chinese businesses in Thailand

Photo via Prachachart

Thailand returned approximately 400 to 500 million baht to China that had been seized from illegal businesses operated by Chinese nationals within the country. The Chinese government was overwhelmed by the gesture.

Deputy Prime Minister Wissanu Krea-ngam shared details of the illegal businesses with the press and China’s Minister of Interior Li Fangshu on a visit to China last week. Wissanu stated that he handed China the money that had been seized from Chinese scammers operating in Thailand.

Wissanu explained that the return followed a criminal case seven years ago. A Chinese man deceived 33,000 Chinese nationals before escaping arrest in Thailand. The Chinese scammer swindled 50 to 100 yuan (about 240 to 480 baht) from victims and spent the cash on real estate in Thailand.

Wissanu revealed that China sought cooperation from the Thai authorities to…

Read more…

Latest Articles