← Back to KHAO

DSI accepts forex fraud case

3 min read

Compiled by KHAO Editorial — aggregated from 1 outlet. See llms.txt for citation guidance.

◌ Single Source

On June 19 the Department of Special Investigation (DSI), together with the Technology Crime Suppression Police, representatives of the Central Institute of Forensic Science, and the Bank of Thailand, announces the results of an operation involving raids at 24 locations in Greater Bangkok, leading t

The Department of Special Investigation (DSI) has formally accepted a foreign exchange (forex) investment fraud case as a special investigation, citing extensive online solicitation and evidence of widespread financial damage.

Key facts

Summary

Pol Maj Yutthana Praedam, director-general of the DSI, said he signed the order accepting the case as a special investigation under the Computer Crime Act 2007, following findings the illegal forex investment trading was being promoted online and reached a large number of investors, resulting in huge losses.

The move comes as part of an expanded probe after the DSI raided 24 locations across Bangkok, Pathum Thani, Samut Prakan and Samut Sakhon on June 16. The operation resulted in the seizure of more than 65 million baht in cash and high-value assets, including luxury vehicles, gold and diamond jewellery, branded goods, bullion, and foreign currency.

Read full article at Bangkok Post →