Portuguese suspect in $586M crypto, credit card fraud nabbed in Bangkok
A Portuguese national accused of running one of Europe’s largest cryptocurrency and credit card scams has been arrested in Thailand after a journalist on holiday in Bangkok recognized him in a luxury shopping mall.
Pedro M., 39, was detained on Thursday, October 3, 2025, following a five-hour manhunt by Thai law enforcement officers. He is wanted across Europe and Asia in connection with schemes allegedly worth more than €500 million ($586 million), involving Bitcoin investment fraud, card skimming, and passport forgery.
Fraud suspect arrested after chance encounter
Pedro has long been wanted by the Portuguese authorities as well as Thai law enforcement due to various charges. Ironically, an ironic plot twist was about to…
