Thai police arrested five foreign nationals for allegedly defrauding over 27 million dollars through a cryptocurrency investment platform

ChainCatcher news, according to the Bangkok Post, the Cyber Crime Investigation Bureau (CCIB) of Thailand has arrested four individuals from China and one from Laos, accusing them of colluding to commit transnational crimes, public fraud, and money laundering.

At the end of 2022, with the assistance of the U.S. Department of Homeland Security and other international law enforcement agencies, affected investors came forward, claiming they suffered losses from investments made through the bchgloballtd.com website. The five individuals defrauded over 3,200 locals of more than 27 million dollars through a fraudulent cryptocurrency investment platform.