Event Brief
Thailand auctions US$18m superyacht tied to fraud
Filed: Jun 23, 2026 at 1:06 AM ET
Summary: Thai authorities auction a seized superyacht starting at US$18 million to recover funds linked to alleged fraud and money laundering.
WHO: Thai authorities
WHAT: Auction of a seized superyacht with a starting price of US$18 million
WHEN: Jun 23, 2026 at 12:18 AM ET
WHERE: Thailand
WHY: To claw back money from powerful money laundering networks across Thailand tied to an alleged bogus investment scheme.
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