DSI accepts forex fraud case

On June 19 the Department of Special Investigation (DSI), together with the Technology Crime Suppression Police, representatives of the Central Institute of Forensic Science, and the Bank of Thailand, announces the results of an operation involving raids at 24 locations in Greater Bangkok, leading to the seizure of millions of baht in cash and luxury assets from members of a suspected investment and foreign exchange fraud network. (Photo: Pattarapong Chatpattarasill)

The Department of Special Investigation (DSI) has formally accepted a foreign exchange (forex) investment fraud case as a special investigation, citing extensive online solicitation and evidence of widespread financial damage.

Pol Maj Yutthana Praedam, director-general of the DSI, said he signed the order accepting the case as a special investigation under the Computer Crime Act 2007, following findings the illegal forex investment trading was being promoted online and reached a large number of investors, resulting in huge losses.