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Thailand Cracks Down on PPE Fraud: SCMP

Sufficiency Economy City allegedly failed to deliver 2 million boxes of nitrile gloves worth $15.5 million for which it had been paid a 40% deposit


Workers sort medical gloves at a factory in Southeast Asia. Industrial activity in declined in most Asian countries in December, the latest data showed. Reuters file photo.

 

Thai police have arrested the head of a company suspected of cheating overseas buyers of millions of dollars they paid for undelivered personal protective equipment amid the coronavirus pandemic, the South China Morning Post reported.

Thai authorities have been cracking down on a surge in rubber glove fraud, including the sale of substandard and used gloves.

Police Lieutenant General Jirabhob Bhuridej said on Wednesday that Florida-based Rock Fintek filed a complaint that Thailand’s Sufficiency Economy City failed to deliver 2 million boxes of nitrile gloves worth $15.5 million for which it had paid a 40% deposit.

Read the full report: South China Morning Post

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.