"Cyber police" conducted a search of the home of the "brother" of the secretary to the Samut Prakan Provincial Administrative Organization chief, involved in an investment fraud and money laundering case
On 14 March 2026, Pol. Lt. Gen. Suraphol Prembutr, Commander of the Cyber Crime Investigation Bureau (CCIB), together with Pol. Lt. Gen. Naradet Thiprak, Commander attached to the Royal Thai Police Office, assisting the CCIB, Pol. Maj. Gen. Thinkorn Rangmat, Deputy Commander of the CCIB, and Pol. Maj. Gen. Sarayuth Junnawat, Commander of CCIB Division 2, ordered Pol. Col. Pakornkit Thanwarinakul, Superintendent of Investigation Unit 3, CCIB Division 2, to lead a task force to execute search warrant No. 150/2569 issued by Samut Prakan Provincial Court. The operation targeted a residence and workplace located in Moo 6, Soi Nantanont 4, Srinakarin Road, Bang Mueang Subdistrict, Mueang District, Samut Prakan Province, which is the home and office of Mr. Wutthichai, 36, authorized director of BB Investing Co., Ltd., a company operating in cryptocurrency trading.
He is also the older brother of Mr. Sitthichai, 35, secretary to the Samut Prakan Provincial Administrative Organization chief, who had previously been arrested under a court warrant by the cyber police in connection with an investment fraud and money laundering case. The search of the home found Mr. Wutthichai absent, with only his father residing there.
Police seized various electronic devices and documents for examination to collect evidence and determine whether Mr. Wutthichai was involved in the investment fraud and money laundering scheme. Investigations revealed that the financial transactions of one victim who was defrauded online were linked to both the company's bank account and Mr. Wutthichai's personal accounts.
This search operation followed reports from July 2023, when a victim was contacted by a fraudster on Facebook using the account name "Phakorn Preedasirikul." The fraudster built rapport with the victim and then persuaded them to register as a member to open a store on a popular e-commerce platform.
The fraudster claimed that investing would yield high returns. The victim initially transferred 10,000 baht to open the store and received actual returns. Encouraged to invest more, the victim made a total of 28 transfers amounting to 3,967,719 baht. Afterwards, the promised returns were denied with various excuses, prompting the victim to realize the scam and file a complaint with cyber police to prosecute the fraudster.
Investigators from Investigation Unit 3, CCIB Division 2, traced the victim's funds, which were transferred through multiple mule accounts and bank accounts belonging to foreign nationals from countries including Kazakhstan and Russia. The money was then transferred into the Krungthai Bank account of BB Investing Co., Ltd., where Mr. Wutthichai is an authorized director, and subsequently to Mr. Wutthichai's personal account. This indicates his involvement in the investment fraud and money laundering scheme.
Recently, Mr. Wutthichai contacted cyber police to schedule a meeting to provide his statement to investigators on 16 March 2026.
In this case, police have gathered evidence to request court approval for arrest warrants against 16 individuals involved in the scheme. They face charges of "aiding or facilitating (as accomplices) others in committing the offense of public fraud, supporting the offense of introducing distorted or falsified computer data into the system in a way likely to cause public harm, and supporting or assisting offenders before or during the commission of money laundering offenses."