A 39 -year -old Portuguese citizen who was wanted in Europe and Asia on suspicion of fraud with cryptocurrencies and credit cards worth € 500 million was arrested in Bangcoque, the capital of Thailand, while in a luxury business center.
According to the Thai online newspaper Khaosodenglishthe complaint was made by a Portuguese journalist who was on vacation in that country, who cites sources from the immigration department.
Immigration division investigators confirmed the suspect’s identity through the use of facial recognition technology and biometric databases.
Pedro M., as he is identified by the Thai newspaper, is a native of Lisbon, and entered for the first time in Thailand in 2023, using a tourist visa. At that time the crimes of fraud with bitoch in bangedo will have begun.
The arrest warrant was issued, but the Portuguese citizen fled to the south of the country and disappeared from immigration records for almost two years, since he never renewed his visa.
The one that looked like a perfect “escape” ended on October 2, 2025, when it was identified by the compatriot. More than a dozen operational operations were sent to the mall, where for five hours they combed the place until they found it on the phone with a tense expression.
According to interpol data revealed by the Thai newspaper, the suspect committed this type of fraud in Portugal, Europe, Philippines and Thailand, with scams with investments in cryptocurrencies, credit card fraud and counterfeit passport. The strata of his bank accounts in Switzerland showed that he moved more than 500 million euros.
Pedro will now be deported to Portugal, where he will face the court.