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Two Hundred Million Baht Fraud

Two Hundred Million Baht Fraud

A former bank manager from China, wanted for loan fraud exceeding 200 million baht, was arrested in Pattaya

Chonburi Immigration officers detained 49-year-old Mr. Wang Luan Fa at a local hotel. He had been evading Chinese authorities due to charges of fraud and document forgery, having allegedly embezzled over 45 million yuan (around 225 million baht) in bank loans while serving as a deputy manager at a Chinese bank.

According to the arresting officers, Chonburi Immigration received a tip from the Chinese Embassy that Mr. Wang had fled to Pattaya after an arrest warrant was issued by authorities in Hebei, China.

Mr. Wang reportedly confessed to entering Thailand via the Cambodia border and had been hiding in Chonburi for about two months. He claimed he committed the fraud to settle personal debts. Upon his arrest, officers found approximately 170,000 baht in cash on him. He has since been transferred to Nongprue Police Station for further legal proceedings and eventual deportation.

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