Chinese syndicate aide arrested in B54bn crypto laundering case

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A suspected right-hand man of a Chinese crime boss has been arrested in Bangkok in connection with an online fraud and money laundering network believed to have washed more than 54 million baht through cryptocurrency. His arrest coincides with a Thai Anti Cyber Scam Centre (ACSC) report that online scams caused losses of more than 960 million baht in a single month. The suspect, 29-year-old Chinese national Guangchang Sae-sue, was taken into police custody outside a condominium building in Bangkok’s Bang Kapi district on Aug 6, police said. He was wanted on charges of criminal association, involvement in an organised…

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