Fake Thai Company Busted as Front for B3.2 Billion Gambling Site
KHON KAEN, April 19, 2025 — Cybercrime police have arrested six Thai nationals for allegedly operating a fake agricultural trading company that served as a front for a massive online gambling network, circulating more than 3.2 billion baht.
According to Pol Lt Gen Trairong Phiewphan, chief of the Cyber Crime Investigation Bureau (CCIB), five men and one woman were detained during coordinated raids in Bangkok and Songkhla. The arrests are linked to Fun586, a major gambling website operated by two Chinese nationals and one Indonesian.
Authorities discovered that the suspects had opened mule bank accounts and falsely registered a company at a row house address, posing as executives. Funds from the gambling platform were laundered through the fake company, then forwarded to foreign ringleaders.
The CCIB is now working with Interpol to apprehend the three foreign suspects. The investigation has also uncovered involvement from over 20 Thai nationals and six foreign accomplices — including five Malaysians and one Cambodian. Arrest warrants have been issued for all.
Pol Lt Gen Trairong emphasized the CCIB’s ongoing commitment to dismantling transnational cybercrime networks and curbing online gambling operations.
