News Forum - Bank of Thailand intensifies crackdown on mule accounts

[Thaiger]

The Bank of Thailand (BoT) intensified efforts to crack down on mule bank accounts used for fraudulent financial activities by placing a freeze on any suspicious accounts, in a move to disrupt criminal operations. Deputy Governor for Financial Institution Stability at the BoT, Ronnadol Numnonda revealed that last year, a decree on measures to prevent … …

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[Ramanathan.P]

How are they going to crack down the mule accounts with different banks where one bank can't even trace the money lost by a poor woman via ATM

https://thethaiger.com/news/national/bahts-the-password-thai-grans-costly-slip-leads-to-105k-bank-loss

[Augratin]

Still not exactly sure what is meant by a "mule" account.  A trafficking mule is somebody who unknowingly carries contraband across regulatory checkpoints.