CHIANG MAI – Thai immigration police have captured a Chinese fugitive hiding in northern Thailand’s Chiang Mai. The man was wanted in his home country for a massive loan fraud scheme. Authorities say the scam cost a regional Chinese bank millions of dollars. The 34-year-old suspect, identified as Mr. Chai Jipeng, used a bizarre method […]

The post Chinese Fugitive Wanted For Fraud in China Arrested in Chiang Mai first appeared on Chiang Rai Times.

BANGKOK – Police in Thailand recently captured a Chinese fugitive who was wanted for running a massive online pyramid scheme. This multi-billion-baht financial scam tricked hundreds of thousands of people into using a fake investment platform called ACE. Authorities found the 39-year-old suspect hiding safely inside a luxury home in the Samut Prakan province. Officers […]

The post Police Arrest Chinese Fugitive for Massive Multi-Billion-Baht Investment Scam first appeared on Chiang Rai Times.