Bangkok: Cyber police are hunting down a gambling network that uses accomplice accounts to receive transferred funds before laundering them. Cyber police have launched an operation to hunt down the "BANKKOK1688" online gambling network, which has a turnover of over 2.4 billion baht. The network used accomplice accounts to receive and launder funds through cryptocurrency. The investigation by the Cyber Crime Division 1's Intelligence Analysis and Special Tools Unit discovered the "bankkok1688" online gambling website offering various gambling options including lottery, slots, international football betting, baccarat, and other games.

According to Thai News Agency, Pol. Maj. Gen. Chachapandakarn Klaiklung, Deputy Commander of the Cyber Crime Investigation Bureau, stated that an investigation into the financial transactions revealed a turnover of over 200 million baht per month, or approximately 2,400 million baht per year. The scammer network operated with a systematic division of labor, using surrogate accounts to receive and reimburse customers, and accounts for money laundering, across 18 different bank accounts.

Pol. Maj. Gen. Sirawat Deepo, Commander of the Cyber Crime Investigation Division 1, revealed that initially, the suspect, Mr. Kirin, confessed that a Cambodian friend persuaded him to open an account on a digital asset trading platform (Bitkub). He then became interested, proceeded with the Know Your Customer (KYC) process, including facial scanning, and handed over his bank account details and mobile phone to his Cambodian friend for use.

Police investigations revealed that the account was used to receive funds from an online gambling website, which were then used to purchase cryptocurrency worth up to 59 million baht. The funds were subsequently transferred to an overseas exchange (Binance) for asset conversion or money laundering.