31 suspects detained in Phuket-linked property nominee crackdown
Authorities detained 31 suspects, including British and American nationals, in a crackdown on alleged use of Thai nominees and shell companies to illegally own land in Phuket and Koh Samui.
Thai authorities detained 31 suspects, including British and American nationals, in a crackdown on alleged illegal foreign property ownership linked to Phuket and Koh Samui.
The source says a British suspect named Marcus and an American man named Paul were accused of using Thai nominees to illegally own land in Thailand. They were also accused of setting up shell companies to conceal foreign ownership and bypass the country's business and real estate laws.
According to the source, both men were detained along with 29 others as authorities seek to stamp out illegal foreign businesses on the popular holiday islands of Phuket and Koh Samui.