Two opulent mansions in the heart of Bangkok were raided as part of a large investigation by the Cyber Crime Investigation Bureau (CCIB) known as The Hunt for the Crypto King Ep:3.
The operation, which was carried out with the help of police officers, led to the seizure of items and probable evidence worth more than 300 million baht ($8.7 million).
An investigation by the CCIB
Under court warrant number 505/2566, a three-story home in the Saphan Sung district worth 45 million baht was extensively examined. The home’s owner, Su Pheng Fei, also known as Sompong Su, was identified as a Chinese guy by the property maintenance workers.
Other items were seized, including eight condos from the One Nine Five Asoke-Rama 9 project, a white Toyota Alphard with the license plate 909 BKK, a black Toyota REVO with the plates 4605 BKK, two land title papers, and a safe.
- Bangkok mansions raided in CCIB’s The Hunt for the Crypto King Ep.3.
- Court examines 45-million-baht home, identifying Chinese owner Su Pheng Fei.
- Authorities use auction proceeds to compensate victims and investigate Sompong’s ownership.
Sompong is suspected of being involved in the case since it is thought that he purchased these properties using money obtained through illicit means and used by the company Xin Rui Technology.
The money raised from selling these items at auction will be used by the authorities to recompense the victims. The police will summon Sompong to explain how he came to own these properties while they continue to gather evidence and witnesses.
The operation is a continuation of the Trust No One Crypto King globe hunt Ep:1 and Ep:2 operations, which resulted in the detention of Lao national Kamheng Chuenmontri, 25, Sausian Su, 31, and Ki Yi Yee, 25. They were all accused of fraud and money laundering.
