Search underway off Sattahip for six missing crew from sunken oil tanker
Luxury bags, amulets used to launder scammed funds, warns AMLO
Search under way for seven missing as fishing boat sinks off Chon Buri
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AI In-brief22 Sept 14:24
Search under way for seven missing as fishing boat sinks off Chon Buri
A fishing vessel, S. Kanjanawaree 888, carrying 20 crew members, sank off Sattahip district, Chon Buri, due to strong winds and high waves, resulting in seven missing crew members.
Thirteen crew members were rescued, and the Royal Thai Navy along with local fishermen have launched a search-and-rescue operation in the deep waters off the Samae San channel for the unaccounted individuals.
AI In-briefToday 16:10
Luxury bags, amulets used to launder scammed funds, warns AMLO
AMLO warns that fraudsters are increasingly converting illicit gains into high-value items like designer handbags and rare Buddhist amulets to obscure the origins of their wealth.
Offenders target luxury collectibles due to their lack of fixed market prices, often paying in cash to avoid credit card records and financial transaction traces.
The primary objective for money launderers is to inject 'dirty money' into legitimate commercial channels, not necessarily to profit from reselling the goods.
AMLO employs rigorous tracking techniques, utilizing serial numbers, authenticity certificates, and economic status checks to expose hidden transaction trails, ensuring offenders cannot evade law enforcement.