Thursday July 4,2013 : THAI POLICE IN MAJOR ONLINE GAMBLING BUST
No arrests yet, but bank accounts frozen
Investigators from the Thai police Special Investigations Department have reported taking down a major online gambling ring that steered punters to at least six un-named online betting sites.
The Department's spokesman, Tarit Pengdit, told local reporters that a number of bank accounts associated with the ring and containing the equivalent of over US$320,000 have been frozen, and warrants of arrest issued for a number of individuals who are currently being sought.
Pengdit said that the frozen accounts were being linked to over a thousand bank accounts owned by punters, and revealed that the ring was supported by a core of some 200 high rollers, whom investigators will be interviewing in the near future.
Investigators believe that the well organised ring provided business worth between US$6 million and US$16 million a month to the online betting sites involved, and that there is clear evidence that those involved knew their activities were illegal and took elaborate measures to cover their tracks.