Summary
- Thai police have dismantled a network that aided foreigners, mostly Russians, in staying in Thailand illegally through company nominees or shell companies.
- The illegal scheme involved a Russian woman and a Thai woman who was listed as an executive or shareholder in over 270 companies in Phuket.
- A total of 98 foreigners, including 68 Russians, have been accused of operating businesses without a permit, with some facing up to three years in prison.
- The network is suspected to have operated since 2016, with a surge in customers following Russia’s invasion of Ukraine in 2022.
