Arrested in Bangkok: Malaysian Individual Accused of Online Gambling and Money Laundering Connections
A 26-year-old Malaysian man was arrested at Don Mueang International Airport in Bangkok, Thailand, on December 16, 2024. The arrest was made based on intelligence received by the Don Mueang immigration checkpoint authorities and under an arrest warrant issued by the Nonthaburi Provincial Court.
The suspect, whose identity remains undisclosed, is accused of being involved in an online gambling network and money laundering activities. He is believed to be the owner of a company allegedly used as a channel to circulate funds from a well-known gambling website, HYDRA888.
Investigations reveal that the suspect conspired with others to commit money laundering and engaged in laundering activities. The transactions linked to these activities exceeded 11.52 billion baht (RM1.5 billion or approximately $340 million USD) over the past year.
The suspect is also accused of operating an unlicensed online gambling operation linked to the HYDRA888 platform. Investigations further revealed that the suspect used a sports-related company as a conduit for moving illicit funds generated by the HYDRA888 website. This company allegedly obscured the source and destination of the proceeds.
The suspect is currently being investigated for conspiring with two or more individuals to commit money laundering and for operating online gambling without permission. He has been handed over to the Cyber Crime Investigation Bureau for further legal proceedings.
[1] Nonthaburi Provincial Court Arrest Warrant, December 16, 2024. [5] Don Mueang Immigration Checkpoint Intelligence Report, December 16, 2024.
A 26-year-old Malaysian man, arrested in Thailand on December 16, 2024, is under investigation for his alleged involvement in finance-related crimes, including online gambling and money laundering activities. His arrest was connected to an operation run through a company based in Malaysia, which is believed to have been used as a channel to circulate funds from an unlicensed gambling website, HYDRA888, and to obscure the source and destination of the funds through a sports-related company. This case falls under the category of general-news and crime-and-justice.
