Dec 7, 2023
Thailand Plagued by Skyrocketing Cybercrime and Online Fraud Cases
Thailand has been hit by a cybercrime crisis, with online fraud causing 50.87 billion baht in damages over the last 21 months. The Royal Thai Police website received 405,194 fraud complaints, with 375,986 linked to online fraud. Authorities froze 1.57 billion baht from 206,238 bank accounts for investigation. Investment scams led to losses of 16.16 billion baht, job placement scams caused 6.07 billion baht in losses, and call scams siphoned off an additional 5.98 billion baht. Prime Minister Srettha Thavisin has called for increased vigilance against these scams.