Thai law enforcement has reportedly arrested seven police officers and one civilian accused of staging a false domestic search that involved the attempted extortion of 10 million USDT from a victim.
Local publication QQ reports that the group targeted a Chinese national by swarming his residence and flashing what appeared to be a real search warrant.
The suspects told the victim, Mr. Sai, that he was accused of being involved with passport forgery and that he should pay large amounts of cash to avoid prosecution. They subsequently stole all his mobile phones and computers and further threatened him with other charges.
Refusing the initial demand of 10 million USDT, Sai reportedly paid a 165,000 USDT bribe to get rid of the suspects, sending the stablecoins to their crypto wallets.
The suspects then allegedly forced him and his wife to record a video saying that the police had treated them fairly and done nothing wrong during the search.
After recording the video, the suspects returned his mobile phone, but not the computer.
Days later, the suspects asked Mr. Sai to make another transfer to the tune of $20,570. After the victim complied, he asked his lawyer to report the matter to the authorities.
Upon reporting the alleged extortion, local Thai Police confirmed that there were 12 individuals involved in the case, including nine police officers, two translators and one civilian. Seven suspects have been arrested so far while the rest are still being pursued.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
The post Police Syndicate Accused of Extorting 10,000,000 USDT From Man Using Fake Search Warrant: Report appeared first on The Daily Hodl.
