Four Arrested in 600M Baht Tyre Factory Nominee Probe
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.
Part of an ongoing situation
Nominee crackdown on foreign-owned businesses (24 updates so far)
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