Two shell company executives were arrested today by Cybercrime Investigation Bureau (CIB) officers at a coffee shop on Charoen Nakhon Road in Klong Ton Sai district of Bangkok, for alleged involvement in laundering money linked to an online gambling platform.
The two suspects have only been identified by the police as ‘Phisanu’, 43, the proprietor of Seksan Karn Chang Company, and 27-year-old ‘Pitchayapha’, proprietor of the PP Innovation Company.
Police allege that the two entities are shell companies whichdid not engage in any legitimate business activities. Instead, they were allegedly used to launder revenues gained from the lailikabet158e online gambling platform.
More than 100 million baht was found to have been circulating through the bank accounts of the two firms.
Police also say that they are looking for additional accomplices affiliated with the gambling network.
