21 arrested in Taiwan over alleged cross-border money laundering linked to gambling sites

Intelligence was provided by Thai police.

Taiwan.- Authorities claim to have dismantled an alleged cross-border money laundering network linked to illegal online gambling operations in Thailand and Vietnam. Some 21 suspects have been detained.

The case was opened by the Criminal Investigation Bureau (CIB) following intelligence shared by the Royal Thai Police, which had investigated money laundering in Chiang Mai. According to investigators, the network was allegedly led by a man surnamed Lo, who is accused of operating from an office in Taipei’s Neihu District under the cover of a technology company.

Authorities said the group provided payment processing services for gambling websites targeting users in Thailand and Vietnam, managing deposits and withdrawals in Thai baht and Vietnamese dong. The CIB said the organisation used third-party payment systems, including Viet Pay and ThaiQR, together with nominee bank accounts, to move funds across borders and obscure transaction flows.

Investigators estimate that between September 2023 and April 2025, the network processed more than TWD18.2bn (US$579m) in alleged illicit transactions and generated more than TWD406m (US$12.9m) in profits.

All 21 suspects have been referred to prosecutors on alleged violations related to money laundering, fraud, gambling and organised crime laws. Prosecutors later released the suspects on bail while the investigation continues.

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Intelligence was provided by Thai police. Taiwan.- Authorities claim to have dismantled an alleged cross-border money laundering network linked to illegal online gambling operations in Thailand and Vietnam. Some 21 suspects have been detained. The case was opened by the Criminal Investigation Bureau (CIB) following intelligence shared by the Royal Thai Police, which had investigated…