Thai Police Crack Down on Call-Center Scam, Arresting 17 Foreign Suspects

Thailand's cybercrime police raided a local online fraud ring, arresting 14 South Korean suspects and three Chinese accomplices, aged between 28 and 43. Investigators estimate the criminal group defrauded South Korean investors of over 20.16 billion won.

It is reported that this criminal group initially operated in Cambodia. However, Cambodian authorities intensified crackdowns on fraud centers in 2025, deporting hundreds of foreign suspects. The group then quietly crossed into Thailand between May and October this year to continue their fraudulent activities.

Police conducted raids on luxury condominiums in Bangkok, arresting 17 suspects accused of operating a call center scam targeting South Korean investors.

During the actions, authorities seized over 50 VoIP devices used to conceal callers' locations, 35 mobile phones, and multiple laptops and computers. They also discovered a lot of documents, including forged South Korean prosecutor IDs, counterfeit stamps and documents, calling scripts in Korean and English, and thousands of South Korean phone numbers alongside financial records.

Investigations revealed the gang initially operated from scattered locations across Pattaya before consolidating into two upscale Bangkok apartments. These places were converted into cramped cubicles equipped with headsets, phones, and computers for round-the-clock fraudulent calls.

Impersonating employees of the renowned Malaysian resort company Genting Malaysia, they falsely claimed to offer exclusive investment opportunities.

Under their guidance, victims accessed a fake trading website where they watched their portfolio "grow". However, when victims attempted to withdraw funds, the platform abruptly froze and severed contact.

A retiree in Busan lost his life savings to this scam, investing nearly 300 million won following the fraudsters' instructions.

Police noted that the suspects believed Bangkok's size and tourist volume would conceal their activities. Yet Thai authorities, collaborating with South Korean counterparts, tracked their movements over several weeks.

All 17 arrested individuals admitted to working illegally in Thailand, with some also confessing to participating in the fraud.

BrokersView reminds you

All investors are advised to verify the licenses of trading platforms and financial firms to ensure that they are authorized by local financial regulators before making any investment decisions. Unauthorized financial activities often carry a high risk of investment scams.

If you would like to find out the regulatory status of a trading platform, you can search for the platform's name in BrokersView.