Fake tax invoice gang busted, 3 arrests
Economic crimes police have arrested three people allegedly involved a network that issued and sold fake tax invoices, costing the state 360 million baht in lost revenue, the Central Investigation Bureau (CIB) announced on Monday.
The Central Investigation Bureau (CIB) announced the arrest of three individuals allegedly involved in a network that issued and sold fraudulent tax invoices, resulting in a loss of 360 million baht in revenue for the state. The network had been active for approximately five years, primarily targeting petrol station operators and construction firms.
A total of 100 officers participated in raids conducted at 10 locations, including residences and businesses associated with the participants. Among those arrested were 61-year-old Ratha, 50-year-old Khanaphot, and 33-year-old Pandecha, who face charges of issuing tax invoices without proper authorization. Ratha is believed to have served as the sales agent and operated an online group to communicate with potential clients.
An undercover officer infiltrated the network, purchasing fake tax invoices from its members and facilitating transactions through intermediary accounts. The gang's activities extended to using third-party names for mailing the fraudulent invoices and manipulating financial statements to bolster the credibility of an associated company.
The investigation uncovered over 200 items seized during the raids, including documents, tax reports, contracts, and electronic devices. Authorities plan to continue the probe and pursue legal action against all implicated entities, emphasizing the significant damage caused to Thailand's economic system, estimated at 360 million baht.
Written by urgent.news from Bangkok Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
