US man arrested for financial institution fraud 1 day earlier than statute of limitation

In the type of scene often reserved for motion movies, an American man wished for bank fraud was captured at the final minute, at some point earlier than the statute of limitation expired on his crimes. Thomas Grimm, a 63 12 months old man from the US, was arrested at a hotel in Hua Hin accused of a rip-off 15 years in the past where he defrauded bank clients in a phishing scam.
The Economic Crime Division police managed to catch up with the fugitive within the Prachuap Khiri Khan resort city after a 15 yr hunt stemming from an e-banking fraud scheme in October of 2006, a legal offense with a statute of limitation of 15 years.
According to the ECD, the rip-off was a three man operation with Grimm and a pair of Thai nationals. The staff tricked financial institution prospects into revealing their confidential info that allowed the thieves to entry financial institution accounts and steal money from them. The scam worked by sending phishing emails to financial institution customers sending them to a bogus website that mimicked their bank’s residence web page.
Monetize had them “log in” and picked up their details to offer the scammers access to the customer’s bank accounts permitting the criminals to withdraw cash from the accounts. According to the police, one sufferer had lots of of thousands of baht withdrawn from their account.
The investigation into the bank fraud began in February 2007 when Kasikorn Bank filed a complaint in opposition to the two Thai scammers, a man and lady, alleging that the duo colluded to defraud their clients. They were arrested, and during interrogation they named Grimm as a co-conspirator.
Police obtained a warrant for Grimm’s arrest for the bank fraud from the Thon Buri Criminal Court on Monday, and police managed to meet up with him simply in time, in the future before the 15-year statute of limitation expired..

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