On January 9, Thailand’s anti-cyber-scam centre, working with the Central Investigation Bureau, Immigration Police and other agencies, carried out simultaneous operations in Bangkok and Chiang Mai, arresting three Chinese fugitives. They were wanted by the Chang’an branch of the Shijiazhuang Public Security Bureau in China on suspicion of illegally taking deposits from the public. Their Chinese passports had been cancelled, and Thai authorities had revoked their permission to stay in Thailand on January 6. Police arrested Yang and Wang at an apartment in Bangkok’s Huai Khwang district and Li at a house in Hang Dong district, Chiang Mai province. The three are alleged to be core members of the criminal group.
The investigation found that the group had registered “Jihui (Hainan) Enterprise Management Consulting Co., Ltd.” in 2015 and used false publicity to raise funds illegally from the public. It claimed the money would be invested in shares of companies expected to list within three to five years, guaranteeing annual returns of no less than 12 percent. It also developed the “Jihui Jinfu App” investment platform to bolster credibility. In reality, the funds were not invested in any genuine projects, but were centrally controlled by the headquarters’ finance department, which reported directly to the three core suspects and allocated funds under their direction. The promised returns ultimately could not be paid, causing losses exceeding 1.6 billion yuan, approximately 7 billion baht, to more than 8,000 victims.
Chinese police issued arrest warrants for the three in September 2025, but they had fled abroad and eventually entered Thailand to hide. Through international cooperation, Chinese and Thai law enforcement located them, lawfully revoked their permission to stay and arrested them. Thai police said they had not yet found evidence of the group committing offences in Thailand or involving local victims, and would proceed with repatriation and judicial processes. The operation demonstrated the results of China–Thailand cooperation against transnational crime and reaffirmed that Thailand would not be a safe haven for transnational criminals.
Compiled report by this station
