Thai police arrested a Chinese national in Bangkok on suspicion of money laundering linked to a transnational criminal network, involving funds exceeding 500 million yuan.

According to Khaosod English, Thai immigration police arrested a 37-year-old Chinese national in Bangkok. The man is wanted by Chinese authorities and is suspected of involvement in a transnational criminal network and money laundering activities. Investigators stated that the network processed transactions worth over 500 million RMB (approximately 2.485 billion THB). Police said the suspect operated more than 133 accounts to facilitate cryptocurrency and foreign currency exchanges for multiple criminal syndicates, and is suspected of arranging visas for members of transnational criminal networks linked to other money laundering cases. To evade capture, he registered a residential address using forged documents, changed his license plates, and applied color-wrapping film to his vehicle. Police finally apprehended him at a luxurious residence in the Saphan Sung district of Bangkok. His residence permit in Thailand had expired for approximately 3 years and 8 months. He has been charged with illegal overstay under Article 81 of the Immigration Act. Thailand will first complete the relevant legal procedures before coordinating with China to arrange his repatriation and execute the arrest warrant.