‘Nominees’ linked to B2bn condo development

‘Nominees’ linked to B2bn condo development

Thai police have arrested a Chinese-led nominee group suspected of acquiring land worth 2 billion baht for a luxury condominium project in Rayong province.

Thai Authorities Bust Chinese-Led Property Scam in Eastern Economic Corridor

Chonburi/Rayong – Police and business regulators launched coordinated raids Wednesday on three real estate firms allegedly operating illegal property schemes for Chinese investors in Thailand’s crucial Eastern Economic Corridor (EEC) zone. The crackdown netted eleven suspects and uncovered a sophisticated web of financial deception. Chinese Duo Arrested for Mid-Flight Theft on Macau-Bangkok Route Economic Crime […] Source

Thai Police Raid Chinese Nominee Network Behind THB 2 Billion Luxury Condo Project

Economic Crime Unit uncovers elaborate foreign ownership scheme in Rayong and Chonburi provinces