Nearly 3,000 money ‘mules’ arrested

13 Sept 23:42 Key points summarised by AI

Authorities arrested nearly 3,000 money mules over the past year, with 497 arrests in September 2024 alone, demonstrating intensified efforts against financial crime.
Convicted money mules face severe penalties, including up to three years in prison, fines up to 300,000 baht, and potential charges as accomplices to crimes committed through their accounts.
The government, through the Ministry of Digital Economy and Society and AMLO, has suspended over 1.1 million accounts and enacted the Technology Crime Prevention and Suppression Measures Act of 2023 to disrupt criminal financial channels.
Individuals are urged to immediately close any suspicious bank accounts or those sold to others to avoid blacklisting, account suspension, and prosecution for supporting criminal activity.

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.