A Chinese man was arrested at a Thai airport on suspicion of a 200 million baht Bitcoin fraud case

In the early morning of June 12, the Thai Immigration Bureau arrested a Chinese man suspected of a major Bitcoin fraud case at Don Mueang International Airport. The police said that the amount involved in the case was as high as 200 million baht (about 5.5 million US dollars), and the suspect had been wanted by the Chiang Rai District Court.

According to the police report, the arrested man, Huang, 39 years old, of Chinese nationality, was issued a wanted warrant by the Chiang Rai District Court on May 16, 2025 for suspected fraud. Recently, the police received a tip-off that Huang planned to take Lion Air flight SL100 from Don Muang Airport to Singapore. After obtaining the relevant information, the Immigration Bureau quickly launched a control.

At about 6 a.m. on June 12, immigration personnel found a suspicious passenger during security checks. After checking the passport, they confirmed that he was the wanted person Huang, and the police immediately arrested him on the spot.

The case started on April 30, 2025. On that day, two Chinese investors went to Mae Sai County, Chiang Rai Province, Thailand, to meet with Huang for a Bitcoin investment project. According to the report, the victim transferred money to Huang's designated account in batches after the meeting, with a total amount of 200 million baht. After the transfer was completed, Huang lost contact, and the two reported the case to the Mae Sai County Police Station.

At present, Huang has been officially transferred to the Mae Sai County Police in Chiang Rai Province, and the case will enter further judicial procedures. The Thai police said that they will continue to trace the flow of funds involved in the case and whether there are other related victims or accomplices.

In recent years, Thailand has stepped up law enforcement efforts against crimes involving crypto assets, and reminded investors to be vigilant, beware of false propaganda such as "high returns, low risks", and beware of falling into cross-border financial fraud traps.