The Cyber Crime Investigation Bureau (CCIB) has dismantled a major online gambling network accused of processing billions of baht through a sophisticated money-laundering operation involving nominee bank accounts, shell companies, illegal payment gateways and cryptocurrency conversions.
The operation, codenamed "All Game End Game", resulted in the arrest of 12 suspects, including a former local politician, and the seizure of assets worth more than 13 million baht. Senior CCIB officers said on Monday the investigation targeted the "All Game 248" gambling website, which allegedly accepted bets on the 2026 FIFA World Cup and had been operating for about 18 months.
Investigators estimated the platform generated more than 1 billion baht in monthly transactions over the past three months, with thousands of registered users.
Police said the organisation operated a highly structured financial system designed to conceal illicit proceeds. More than 20 bank accounts linked directly to suspects and over 200 additional accounts used for money laundering were identified.
Authorities found that the network divided bank accounts into multiple layers to receive gambling deposits, temporarily hold funds and transfer profits to beneficiaries. The syndicate also relied on illegal payment gateway services and shell-company bank accounts to obscure financial transactions.
Investigators said foreign nationals were recruited to hold bank accounts on behalf of the network, making it more difficult for authorities to trace the flow of funds. The organisation also maintained regional managers responsible for overseeing operations across different parts of the country.
A key suspect, identified only as Sitthichai, 35, a former secretary to a provincial administrative organisation president who had previously been linked to an online investment fraud case, allegedly played a central role in converting cash into cryptocurrency before transferring the digital assets to multiple crypto wallets controlled by the network's beneficiaries.
Police estimated that at least 500 million baht in illicit funds was converted into cryptocurrency each month, allowing the syndicate to further evade financial scrutiny. The Criminal Court approved arrest warrants for 15 suspects and search warrants for five locations in Bangkok, Samut Prakan and Tak.
Raids uncovered approximately 3 million baht in cash, 20 bank passbooks, numerous electronic devices and more than 10 million baht frozen in bank accounts, bringing the total value of seized assets to over 13 million baht. Among those arrested were individuals allegedly responsible for cash withdrawals, nominee bank accounts, shell-company accounts, and cryptocurrency transactions.
