Organizers of Illegal Online Casino with Nearly $96 Million Turnover Arrested in Thailand
Thai authorities arrested six Thai nationals connected to a major gambling website that processed over $95.95 million.
The investigation uncovered a complex money laundering scheme involving a fake agricultural company that served as a front for the online casino operations.
How the Scheme Worked
According to law enforcement reports, the suspects:
- created a network of shell accounts to receive player transfers,
- transferred funds to the fake company’s accounts,
- redirected the money overseas to the site’s organizers.
The fake company was presented as an agricultural trading business, but in reality, it functioned as a façade for the shadow financial scheme.
Organizers and Participants
The investigation revealed that the website was operated by three foreign nationals:
- two Chinese nationals,
- one Indonesian.
All three are currently wanted, with Interpol and Indonesian authorities involved in the search.
In addition to them, over 20 individuals were involved in the scheme, including:
- five Malaysian citizens,
- one Cambodian.
Financial Scope
| Metric | Value |
|---|---|
| Illegal site turnover | $95.95 million (THB 3.2 billion) |
| Number of Thais arrested | 6 individuals |
| Number of wanted foreign nationals | Over 20 individuals |
Context: Move Toward Legalization
The scheme’s exposure comes amid discussions in Thailand about a draft law to legalize land-based casinos and launch regulated online gambling.
Despite criticism, authorities are pushing forward with the idea of creating entertainment complexes with gambling zones.
Legalization is expected to eliminate the underground market and strengthen control over the industry.