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Bangkok Post
Bangkok Post
National

17 held after online store scam ring busted

Wassayos Ngamkham Police Cambodia The Central Investigation Bureau
Police search a house of some of the suspects involved in the “Style Cycle” online investment scam. Seventeen suspects were arrested during raids on 19 locations across 11 provinces. (Photo supplied/Wassayos Ngamkham)

Thai police have dismantled a fraudulent investment network that lured victims into opening fake online stores under the name “Style Cycle”, arresting 17 suspects and seizing assets worth more than 23 million baht.

Officers carried out coordinated raids at 19 locations across 11 provinces, arresting 17 suspects wanted under warrants, Pol Lt Gen Natthasak Chaowanasai, the head of the Central Investigation Bureau (CIB), said on Friday.

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