Thailand seizes more than $300m in assets and issues 42 arrest warrants in cyberscam crackdown

Seizures and warrants involve Chinese-Cambodian tycoon Chen Zhi, who heads US-sanctioned Prince Group, and Cambodians Kok An and Yim Leak

Thailand has seized assets worth more than $300m, including shares in a major regional energy company, and issued arrest warrants for 42 people in a high-profile push against regional scam networks, officials said on Wednesday.

Parts of south-east Asia, including the border areas between Thailand, Myanmar and Cambodia, have become hubs for online fraud, with criminal networks earning billions from illegal compounds where trafficking victims are often forced to work.