Yesterday (December 3, 2025), following a resolution by the Transaction Committee of the Anti-Money Laundering Office (AMLO) at its meeting on December 2, 2025, assets belonging to a transnational crime syndicate involved in a scammer network were seized and frozen.
Among these are cases involving Mr. Chen Zhi of Prince Holding Group, Mr. Kok An, and Ms. Tangthai—who was authorized by Mr. Yim Leak, a close associate of Cambodia’s influential circles—resulting in the seizure and freezing of assets worth over 10 billion baht.
Police Lieutenant General Sophon Saraphat, Deputy Commissioner of the Central Investigation Bureau (CIB), stated that this operation began with information provided by the public to the Ministry of Digital Economy and Society. In 2021, around 700 individuals fell victim to online scams, with the ultimate beneficiary being Mr. Yim Leak’s group.
From the investigation, police interviewed more than 40 victims, issued 42 arrest warrants, apprehended 29 suspects, and 13 remain at large. Of those, three suspects—including Mr. Yim Leak, his wife, and a Cambodian suspect acting as a mule—are overseas.
When reporters asked about Mr. Ben Smith and the AMLO statement that there are currently no arrest warrants, AMLO clarified that related transactions are under investigation. The money trail so far has been linked to Mr. Yim Leak and his wife, both of whom are already subjects of arrest warrants.
Thailand’s Prime Minister Anutin Charnvirakul added that Mr. Yim Leak obtained Thai nationality through marriage to a Thai wife; he has ordered the Permanent Secretary of the Ministry of Interior to proceed with nationality revocation.
AMLO has seized and frozen various assets, including land, condominiums, stocks (shares), bank account funds, three cars, and a boat. Notably, the assets in this network’s possession exceed 10 billion baht.
In related documents presented by the Royal Thai Police, the seized and frozen assets from this operation amount to 10.157 billion baht, comprising 8 luxury cars worth 78 million baht, 1 yacht worth 800 million baht, cash in bank accounts totaling 1.17 billion baht, three land plots, and six securities trading accounts worth a total of 8.109 billion baht. This information summarizes the assets seized from several cases linked to the transnational scammer network.
When reporters asked about the details of the “stocks” being frozen, AMLO’s Secretary-General stated that there are several items, the largest being shares of Bangchak Corporation Public Company Limited (SET: BCP), which were frozen after examination confirmed their connection to criminal activity according to the 90-day assessment framework by the Transaction Committee, with a 30-day window for appeal. The total value of frozen BCP shares stands at 6 billion baht as of November 28, 2025.
All the above information is based on official statements by the Anti-Money Laundering Office and the Royal Thai Police as of the press conference date.
Later in the evening, BCP disclosed a statement that the actions taken are government measures related to that particular shareholder and are legal proceedings separate from the company’s business operations and management, which continue to function normally and remain fully stable.
However, the company adheres firmly to the principles of good corporate governance (Good Corporate Governance), transparency, and ESG standards (ESG) in all processes to maintain the confidence of shareholders, investors, and all business stakeholders.
The Board of Directors has established a special task force, which has already assessed the situation and proposed initial operational guidelines. The company is currently considering appropriate short-term and long-term measures, with further updates to be reported soon.
