Cyber police launched operation ‘Shutdown Fake Loan‘ to dismantle a web-based Chinese loan shark community, conducting raids at three areas, together with a luxurious condominium in Bangkok‘s heart. Billion determine behind this scheme, a Chinese girl, had been arrested a day earlier at Suvarnabhumi Airport.
The cyber police initiated the operation ‘Shutdown Fake Loan’ to disrupt the operations of an internet loan shark community linked with Chinese fund agents. Three places were searched, including a luxurious condominium in central Bangkok, the place the main suspect, a Chinese lady, was residing. She was arrested a day earlier than at Suvarnabhumi Airport while preparing to flee the country. The woman performed an important function as the main agent for a number of transactions within the community, KhaoSod reported.
This operation adopted the arrest of more than fifty two suspects in late April by the Special Operations Police. Over four hundred victims have been targeted by the community, which lured them to borrow cash by way of web sites and textual content message hyperlinks. The scheme enticed victims with high credit limits, low-interest charges, fast approvals, and minimal requirements. Victims were then instructed to add a line contact and set up a loan utility. Although victims were promised they would receive the requested loans, further circumstances had been later imposed. These included deposit payments, insurance insurance policies, advanced payments for instalments, or different charges linked to credit- or password-related withdrawal charges.
Once victims had transferred cash, nevertheless, they did not receive any loan funds as promised. Believing they had fallen sufferer to scams, they filed complaints via the web reporting system, resulting in police investigations to trace down the perpetrators. The police reported that right now at 2pm, numerous police officers are scheduled to announce the results of the operation at the Special Operations Police headquarters in Government Complex Chaeng Watthana..