Tag: money
Junta-linked Myanmar tycoon under initial 12-day detention
A MYANMAR tycoon linked to the upper echelons of his country’s ruling military junta and facing drug trafficking and money laundering charges in Thailand was ordered by court to an initial 12-day detention on Sept. 20, Matichon newspaper said today (Sept. 23). Tun Min Latt, 53, was arrested in Bangkok in a dawn raid …
Junta-linked Myanmar tycoon under initial 12-day detentionRead More
Former head of Krisda Mahanakorn property giant gets 860 years in jail
THE former top executive of Krisda Mahanakorn was sentenced to 860 years in jail by the Central Criminal Court for Corruption and Misconduct Cases today (August 19) on money laundering charges with five other defendants including his son also given lengthy jail terms, Matichon newspaper said. However as the maximum imprisonment is 20 years …
Former head of Krisda Mahanakorn property giant gets 860 years in jailRead More
Greek family in trouble after thief steals their money
BEING rapidly shared on Thai social media and attracting a lot of comments is the plight of a Greek family holidaying in Phuket who are in financial difficulty after a thief stole 4,900 euros (almost 200,000 baht) from their rented car and in their desperation are now urging this thief to return it and for …
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Policeman’s wife kills daughter, herself over money problems
THE FINANCIALLY-STRESSED wife of a policeman in Rayong shot dead her teenage daughter before jumping down from the fourth floor of police flats to her own death this morning (Nov. 4) with her shocked husband prevented just in time from taking his own life, Thai Rath newspaper said. At 8 a.m. this morning Pol. …
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Two Chinese capitalists surrender after police smash informal loan gang
TWO of three Chinese capitalists who together with a Cambodian woman operated the application “Rich Money” which charged exorbitant interest rates have surrendered after police raided their office on Rama 3 road, Thai Rath newspaper reported today (Dec. 21). The Centre for Informal Debt Suppression together with the Central Investigation Bureau police team mounted the …
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Police smash network laundering B200 billion drug money
IN A nationwide operation police broke up a major drug trafficking network which was working on laundering 200 billion baht with 300 suspected arrested including gold shop and oil business owners, INN News report this afternoon (June 19). Seized in this operation was a total of 700,000 tablets of methamphetamine (Speed) and around five kilogrammes …
Police smash network laundering B200 billion drug moneyRead More
Faulty ATM spits out free money
By Thai Newsroom Reporters AN UNKNOWN NUMBER of people withdrew cash from an ATM in downtown Ranong last night (June 13) and got the money 10 times as much due to its malfunctioning computer. The ATM installed in front of the Siam Commercial Bank’s branch office in the capital district of the southern province glitched …