Man arrested for hiring 12 luxurious cars and selling them to used car dealers

12 Sept 03:28 Key points summarised by AI

Former army sergeant "Jesada" was arrested for an elaborate fraud scheme, involving the hiring and subsequent illegal sale of luxury vehicles.
He allegedly rented 12 luxurious cars, valued at 76 million baht, from various car hire services and then sold them to used car dealers using falsified ownership documents.
Jesada also reportedly defrauded 50 investors out of approximately 15 million baht through a separate investment scheme, using some car sale proceeds to repay earlier victims.
Nine of the 12 stolen cars have been recovered, while police investigate the used car dealers' complicity and trace 200 million baht in historical transactions from Jesada's bank accounts.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 15:20 Key points summarised by AI

Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.