Thai police believe they have cracked down on a major scam syndicate that laundered over 5 billion baht (about RM650 million) through fraudulent transactions, following the arrests of a Malaysian ringleader and his Thai wife.

The Commander of the Economic Crime Suppression Division (ECD) under the Central Investigation Bureau (CIB), Puttidej Bunkrapue, said that the two are key suspects involved in a large-scale money-laundering scheme.