Financial crime lawyers in Thailand

Interpol plays a key role in the global fight against crime by connecting national law enforcement agencies through its National Central Bureaus (NCB). Our Thailand Interpol Law Firm specializes in supporting and collaborating with law enforcement to ensure safety and order. We provide legal assistance in investigations and facilitate communication between local and international law enforcement bodies.

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Financial crimes have become a global issue, affecting both companies and individuals in Thailand. Given the country’s active economic development and the attraction of international investments, there is an increasing need for protection against financial risks and ensuring the legality of commercial activities in the Kingdom.

If you find yourself accused of money laundering, tax evasion, corporate fraud, or other criminal offenses, the assistance of a qualified solicitor can be crucial for a successful resolution of the situation. The specialists at our firm possess expert knowledge and experience that enable them to effectively defend our clients’ rights in complex legal matters.

Thailand Financial Crime Lawyers

Defending against accusations of financial crimes in Thailand is a complex legal challenge that requires a deep understanding of local legislation and law enforcement practices. If you have been faced with such accusations or suspect that you might become the subject of an investigation, it is crucial to seek professional legal assistance without delay.

The Kingdom of Thailand has a complex system of laws regulating financial activities, which requires constant monitoring and adaptation. Our Thailand financial crime lawyers offer a comprehensive approach based on an in-depth understanding of local legislation and international practice.

Our competencies:

  1. We represent the interests of clients accused of various forms of fraud, including corporate and investment fraud.
  2. We assist in cases related to accusations of money laundering.
  3. We defend against accusations of tax evasion and related offences.
  4. We provide support in cases related to accusations of corrupt activities.
  5. We provide advice and protection for cases related to market manipulation, insider trading, and other violations.

Every case is unique, hence we develop bespoke defence strategies taking into account all the nuances of the specific situation. We guarantee complete confidentiality and adherence to professional ethics. Our company engages specialists for a thorough analysis of financial documents and identification of key evidence. Following this, we devise an action plan aimed at achieving the best possible outcome.

We strive to resolve issues at the pre-litigation stage, minimising risks for the client. If necessary, we organise the conduct of independent expert assessments. We represent the client’s interests at all levels of Thailand’s judicial system.

Please get in touch with us right away to receive an initial consultation and discuss the details of your case.

Interpol in Thailand

Interpol is an international organization that coordinates law enforcement agencies from different countries to combat transnational crime. Interpol Thailand operates through the National Central Bureau (NCB), which is located in Bangkok and performs the following functions:

  • Information Exchange: NCB in Thailand shares criminal data with other NCBs around the world and with the Interpol General Secretariat.
  • Investigation Coordination: NCB assists in coordinating international investigations, including evidence collection and conducting operational activities.
  • Conducting operations: NCB is involved in global efforts to combat transnational crime, such as operations targeting human trafficking and drug trafficking.
  • Data analysis: NCB analyzes criminal data and trends to identify new threats and develop strategies to neutralize them.

Our financial crime lawyers Thailand possess deep knowledge and experience in the field criminal defense. We actively collaborate with Interpol to maintain law and combat international crime.

What is Financial Fraud Law in Thailand?

Financial fraud in Thailand is considered a serious crime that is strictly punished in accordance with local legislation. The country is actively fighting against economic crimes, implementing laws and regulatory acts aimed at protecting the financial system and investors from illegal activities.

The law on financial fraud in the Thailand is governed by Section 341 of the Criminal Code of Thailand. The financial fraud law in Thailand states that fraud is considered either a criminal or civil offence, depending on the type of violation committed.

Key laws governing financial crimes in Thailand:

  1. Fraud Section 341. Fraud is a deceptive act aimed at gaining an advantage by misleading another person. The punishment can be imprisonment for up to 3 years and/or a fine of up to 6,000 baht.
  2. The Securities and Exchange Act B.E. 2535. The regulatory body is the Securities and Exchange Commission of Thailand (SEC). It prohibits the use of insider information for profit in securities trading. It also forbids actions aimed at artificially influencing the price or trading volume of securities. Penalties include fines up to twice the amount of profit gained and/or imprisonment for up to 10 years.
  3. The Anti-Money Laundering Act B.E. 2542. Prevention and combat against the laundering of illegally obtained income. Imprisonment for a term from 1 to 10 years and/or a fine from 20,000 to 200,000 baht.
  4. The Computer Crime Act B.E. 2550. Prohibition of unauthorized access to computer systems. Ban on fraudulent activities in electronic commerce. Punishment of imprisonment for up to 5 years and/or a fine of up to 100,000 baht.
  5. The Anti-Corruption Act B.E. 2542. The regulatory body is the National Anti-Corruption Commission (NACC). Punishments include imprisonment for up to 20 years or life imprisonment, and in some cases, the death penalty.

If you find yourself facing charges of financial crimes or have become a victim of fraud in Thailand, seeking immediate assistance from a qualified international fraud lawyers in hailand who will bw able to provide legal assistance is a critically important step. An expert will assess your situation and develop an effective defence strategy, taking into account all the nuances of the case.

Money Laundering in Thailand

Money laundering is the process of legitimising funds acquired through illegal means by integrating them into the legal financial system.

Thailand is situated at the heart of Southeast Asia and boasts a developed transport infrastructure, facilitating the movement of people, goods, and capital. The country attracts millions of tourists annually, creating opportunities for the concealment of revenues among legitimate money flows. The widespread use of cash within the tourism sector makes it challenging to track transactions. Moreover, the Kingdom is located in the “Golden Triangle” region (on the border of Thailand, Myanmar, and Laos), known for its production and transit of narcotics, which contributes to the emergence of illicit financial flows.

In Thailand, the Anti-Money Laundering Act B.E. 2542 is in effect, which establishes the criminality of money laundering and defines related offences. Obligations for financial institutions include the introduction of requirements for customer identification and reporting of suspicious transactions.

The Anti-Money Laundering Office (AMLO) is responsible for the collection, analysis, and dissemination of financial information related to suspicious activity. As a member of the Asia/Pacific Group on Money Laundering (APG), Thailand adheres to the Financial Action Task Force (FATF) standards regarding the alignment of national legislation with international norms. The Kingdom follows the Know Your Customer (KYC) requirements. Financial institutions are required to conduct thorough checks on the identity and sources of their clients’ funds, as well as report any suspicious transactions (STRs).

Contact Financial Crime Lawyer in Thailand

Our lawyers have many years of experience in dealing with financial crime cases.

  • We offer consultations on international financial flows and help protect our clients’ interests in matters of income legalisation.
  • Defence in cases involving document forgery, financial fraud, and illegal operations within a company.
  • Assistance with matters related to tax evasion, as well as protection against fines and criminal charges in tax offences.

Our law firm of Thailand financial crime lawyers possess in-depth knowledge of Thai legislation as well as international standards. We collaborate with financial experts, auditors, and tax consultants to ensure robust defence and legal representation at every stage of the process.

If you find yourself facing charges of financial crime in Thailand, it’s crucial to seek international fraud lawyers in Thailand as soon as possible. Our team of international fraud lawyers is ready to minimise the risks and ensure the most favourable outcome possible. We will provide professional support at every stage of the case, from the initial consultation to the court proceedings.

Dmytro Konovalenko
Senior Partner, Attorney-at-law, admitted to the Bar (Certificate to practice Law #001156)
Lawyer, an expert in extradition and Interpol. He is a member of the International Bar Association. For more than 5 years he has been defending clients against international wanted notices from the USA, Russia, Uzbekistan, Ukraine, and other countries. Dmytro has had a positive experience in taking preventive measures to block the search at the initial stages. Dmytro specializes in the defense of economic, political, and war crimes
What is considered financial fraud in Thailand?

Financial fraud in Thailand encompasses any illegal actions with financial assets aimed at personal gain through deceit. This category of crimes includes the falsification of financial statements, using false information to obtain loans, money laundering, tax evasion, stock manipulation, or tampering with accounting data.

What will happen if you commit a financial crime in Thailand?

Committing a financial crime in Thailand can lead to serious criminal consequences, including long-term imprisonment, hefty fines, and asset confiscation. Foreigners may also face deportation and a ban on re-entering the country. It's crucial to seek advice from an experienced financial crime lawyer promptly to minimise risks and develop a defence strategy.

Are you involved in financial statement fraud in Thailand?

Yes, our solicitors specialise in cases involving financial statement fraud, including instances of falsifying accounting records and other financial data. We provide professional advice and defence in court proceedings, working with experts in auditing and accountancy to prepare a robust defence strategy for our clients.

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