Thailand says $11M seized in wildlife trafficking sting :: WRAL.com

By ELAINE KURTENBACH, AP Business Writer

BANGKOK — Thailand’s anti-money laundering authorities said Wednesday they have seized or frozen more than 330 million baht ($11 million) worth of assets in a sting operation against a suspected wildlife trafficking ring.

The March 12 operation targeted Boonchai Bach, a Vietnamese and Thai citizen who was arrested in 2018 but later got his conviction for trafficking in rhino horns and other contraband reversed.

Thai law gives police wide latitude to seize property that authorities suspect comes from illegal activities. They said they confiscated a hotel, vehicles, land and other assets and have frozen Boonchai’s bank accounts.

It was not possible to immediately reach Boonchai for comment.

A senior Thai police official, Lt. Col. Teerapong Dulayawjian, said the Anti-Money Laundering…