Thai police, in collaboration with the Australian Federal Police, raided a "boiler room" in Samut Prakan, arresting 13 foreign nationals including Australians, Britons, a Canadian, and a South African.
The transnational gang specifically targeted Australian victims, luring them into fraudulent bond investments with promises of high annual interest rates.
Operating for about 20 years, the scam allegedly defrauded 14,000 Australians of approximately A$4.45 billion, with most proceeds laundered through cryptocurrency transactions.
Arrested suspects, who were working without permits and earning commissions, face charges of criminal association and have been blacklisted from re-entering Thailand.
Macron condemns those who 'sought to bring down the Republic' after rioting mars nationwide protests
Yesterday 12:56Key points summarised by AI
President Macron condemned widespread rioting and looting during nationwide protests, blaming far-left activists and criminals for the "unrestrained violence" and vowing accountability for those who "sought to bring down the Republic."
Over 2,400 arrests were made as protests against rising living costs and poor school conditions escalated, causing extensive damage to public buildings and businesses in cities like Paris, Limoges (where City Hall burned), Marseille, and Lyon.
The unrest, which organizers hoped would revive the "yellow vest" movement, saw political leaders trade blame, with Macron instructing prefects to protect public buildings and potentially ban future protests to prevent further disorder.