Members of the public are warned not to buy or sell their bank accounts or ATM cards or they may face jail terms and/or fines on money laundering charge.
The stern warning was issued by Pol Gen Chaiya Siri-amphankul, secretary-general of Anti-Money Laundering Office, in response to a press report about an advertisement in the social media which offers to buy and sell bank accounts and ATM cards at attractive prices.
The AMLO chief said that such advertisement could constitute a public fraud or a means of money laundering and he would like the public not to be misled by the advertiser and to agree to sell their bank accounts or ATM cards.
Opening a bank account on behalf of another person is regarded as an offence liable to imprisonment from 1-10 years and/or a fine from 20,000 baht to 200,000 baht.
Pol Gen Chaiya said anyone who suspected that he/she might fall prey to this scam could call Amlo at phone 1710 to seek advice or help.
Source: Thai Public Broadcasting Service (Thai PBS)