Chinese Fugitive Arrested in Thailand for $500M Fraud
Chinese fugitive arrested in Pattaya after fleeing to Thailand to evade prosecution for a 500-million-baht investment fraud scheme that bilked over 200 investors.
Police Region 4 and Nakhon Ratchasima provincial police have arrested a Chinese national wanted on an international warrant for defrauding investors of over 500 million baht. The suspect had hidden in northeastern Thailand before attempting to flee to Pattaya.
On August 11, 2025, at 2 p.m., Pol. Gen. Pairat Pukcharoen, commander of Police Region 4, and Deputy Commander Pol. Col. Manuwat Kotsanan led Region 4 officers and investigators from Region 3 to apprehend the suspect, known by the alias Yin. The Chinese national allegedly defrauded the public by soliciting deposits through promises of principal repayment plus 6.2% annual interest returns. He collected funds from more than 200 investors totaling approximately 100 million yuan, equivalent to 500 million baht, before fleeing to Thailand.
According to the Region 4 commander, investigators coordinated with international police to track the suspect's whereabouts to a northeastern province, and discovered he had subsequently relocated to a village in Chachoengsao Province. Officers followed up with Region 3 investigators and successfully apprehended him in Pattaya.
Initially, officials notified the suspect of deportation orders and transferred him to the Immigration Bureau's detention center awaiting extradition to his home country. The operation aligns with national police leadership's policy to systematically dismantle transnational criminal networks and prevent Thailand from becoming a safe haven for foreign lawbreakers.
