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Outnumbered, the Taiwanese man is taken into custody on Phuket

Taiwanese Held on Phuket Over Alleged International Banking Scam in Patong

Sunday, February 1, 2015
PHUKET: Police are aiming to make about a dozen more arrests on Phuket after apprehending a Taiwanese man for perpetrating what officers say was an international fraud.

A tipoff led police to nab Chen Yu Chung, 33, yesterday at Aloha Villas in Patong's Rat-U-Tit 200 Pi Road about 8am.

Officers from Kathu Police Station, which oversees Patong,on Phuket's west coast, learned that Chen Yu Chung had paid about 12 Thais 5000 baht to 7000 baht each to open bank accounts.

The accounts were to be used for illegal international transfers and eventually for scams.

Police found the Taiwanese in possession of cards for a dozen accounts when he was arrested.

Comments

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Is it legal to hand your personal Thai bank documentation over to strangers?

Posted by Sherlock on February 2, 2015 16:02

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@Sherlock
... as long as one declares to a bank who is an ultimate beneficiary, and a bank performed Know-Your-Customer checks on a beneficiary before any business commenced

Posted by Sue on February 2, 2015 22:13


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