Syndicate links seen in Myanmar scam _ The Myanmar Times money laundering ways

The myanmar mon state royal descendant named “chao thepyothin” in the investment scam is a fake, according to investigators.

She was identified as kyaw myint oo, and is being hunted by myanmar authorities, pol maj suriya said.

Police have learned that kyaw myint oo is a chair of a myanmar company, found to have worked together with hujjee group in luring more than 1,200 companies to invest in 78 projects that never existed, according to pol col maitri chimcherd, acting chief of the crime suppression division (CSD).

The companies claimed concessions over the 78 projects granted to them by the myanmar government.

The DSI is asking the anti-money laundering office to investigate the money trail in the scam, pol maj suriya said.

He said the scam was operated by a “major criminal network” using fraudulent tactics complicated and sophisticated enough to con victims out of a substantial amount of money without anyone earning a single baht in return.Money laundering ways

Aside from supattha, another thai national, identified as kosin jina-on, has been detained in connection with the investment scam, said maen menyaem, deputy chief of the CSD’s sub-division 4.

Kyaw myint oo, meanwhile, is believed to be hiding in myanmar.

Police are gathering evidence to support their next request for the arrest of at least seven more suspects, pol lt co maen said.

He also said that the investment fraud scam is linked to the operation of a charity foundation with claimed links to the royal thai police that encouraged victims to make donations in exchange for police jobs or the accompanying titles.

The myanmar mon state royal descendant named “chao thepyothin” in the investment scam is a fake, according to investigators.

She was identified as kyaw myint oo, and is being hunted by myanmar authorities, pol maj suriya said.

Police have learned that kyaw myint oo is a chair of a myanmar company, found to have worked together with hujjee group in luring more than 1,200 companies to invest in 78 projects that never existed, according to pol col maitri chimcherd, acting chief of the crime suppression division (CSD).Money laundering ways

The companies claimed concessions over the 78 projects granted to them by the myanmar government.

The DSI is asking the anti-money laundering office to investigate the money trail in the scam, pol maj suriya said.

He said the scam was operated by a “major criminal network” using fraudulent tactics complicated and sophisticated enough to con victims out of a substantial amount of money without anyone earning a single baht in return.

Aside from supattha, another thai national, identified as kosin jina-on, has been detained in connection with the investment scam, said maen menyaem, deputy chief of the CSD’s sub-division 4.

Kyaw myint oo, meanwhile, is believed to be hiding in myanmar.

Police are gathering evidence to support their next request for the arrest of at least seven more suspects, pol lt co maen said.

He also said that the investment fraud scam is linked to the operation of a charity foundation with claimed links to the royal thai police that encouraged victims to make donations in exchange for police jobs or the accompanying titles.Money laundering ways

The myanmar mon state royal descendant named “chao thepyothin” in the investment scam is a fake, according to investigators.

She was identified as kyaw myint oo, and is being hunted by myanmar authorities, pol maj suriya said.

Police have learned that kyaw myint oo is a chair of a myanmar company, found to have worked together with hujjee group in luring more than 1,200 companies to invest in 78 projects that never existed, according to pol col maitri chimcherd, acting chief of the crime suppression division (CSD).

The companies claimed concessions over the 78 projects granted to them by the myanmar government.

The DSI is asking the anti-money laundering office to investigate the money trail in the scam, pol maj suriya said.

He said the scam was operated by a “major criminal network” using fraudulent tactics complicated and sophisticated enough to con victims out of a substantial amount of money without anyone earning a single baht in return.Money laundering ways

Aside from supattha, another thai national, identified as kosin jina-on, has been detained in connection with the investment scam, said maen menyaem, deputy chief of the CSD’s sub-division 4.

Kyaw myint oo, meanwhile, is believed to be hiding in myanmar.

Police are gathering evidence to support their next request for the arrest of at least seven more suspects, pol lt co maen said.

He also said that the investment fraud scam is linked to the operation of a charity foundation with claimed links to the royal thai police that encouraged victims to make donations in exchange for police jobs or the accompanying titles.