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Four Arrested in 600M Baht Tyre Factory Nominee Probe

ThaiRoundup

Authorities arrested four people during a raid on a Samut Sakhon tyre factory over allegations that Thai nominees were used to operate businesses for a foreign owner. The foreign suspect allegedly used Thai shareholders as nominees and also had his son living under a deceased Thai boy's identity. Officials say the business is worth over 600 million baht and are examining assets for possible seizure.

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