Thai authorities are moving to reimburse victims after uncovering more than 46 million baht linked to a cross-border online fraud operation connected to the Huione Pay payment platform.
The Cyber Crime Investigation Bureau formally handed over 46,181,000 baht in confiscated funds to the Anti-Money Laundering Office (AMLO) at 3:39pm on January 26.
The transfer took place at the Crime Suppression Division headquarters in Bangkok and marks a key step toward compensating those affected.
Officials from both agencies confirmed the development during a press briefing, explaining that the seized money stems from Operation SKYFALL — a probe launched in August 2025 into a transnational scam syndicate.
Investigators said the group used a mobile application to target victims, while channelling illicit proceeds through Huione Pay to obscure their origins.
Authorities revealed that the network relied on two sham companies to establish numerous bank accounts using falsified identities.
A Thai woman was allegedly hired as an accountant to register the firms and open the accounts on behalf of Chinese nationals, receiving payment in return.
Bank cards and SIM cards — including those used for one-time password verification — were later passed on to the criminal organisation.
Following a detailed review of transaction trails, police secured arrest warrants. The Thai accountant was taken into custody in Bangkok’s Huai Khwang district, while a Chinese suspect was arrested at Suvarnabhumi Airport while attempting to re-enter Thailand.
Investigations are continuing into additional individuals believed to be involved.
In the aftermath of the arrests, AMLO ordered the freezing and seizure of 31 assets connected to the scheme, collectively valued at just over 46 million baht. These assets primarily comprised funds held in Thai bank accounts associated with the fraudulent activity.
Affected victims have been given a 90-day window to submit compensation claims, with the deadline set for 17 March 2026.
Claims may be filed in person at AMLO offices nationwide, submitted by post via Thailand Post, or lodged online through the agency’s official website.
Information relating to the seized accounts has been published in the Royal Gazette.
