Thai court issues arrest warrants for foreign businessman, his wife for money-laundering

Thai court issues arrest warrants for businessman and wife accused of $31 million money-laundering and investment fraud.

“A Thailand court issued arrest warrants for a foreign businessman and his wife accused of investment fraud and money-laundering, with one victim allegedly conned out of more than $30 million,” police said.

Thailand's Central Investigation Bureau accused Ben Smith, also identified in news reports as South African Benjamin Mauerberger, and his wife, Cattaliya Beevor, of "cross-border investment fraud" dating back to 2016, according to a statement from the bureau on Monday (March 2, 2026).

Media reports have previously linked Smith to transnational scam operations in Cambodia, part of a multibillion-dollar illicit industry that has ballooned in the region.

Thailand's Caretaker Prime Minister Anutin Charnvirakul — who told reporters in December that he knew Smith "but was not close" to him — said on Monday (March 2, 2026) that the warrants were in line with the government's policy of cracking down on scammers and money-launderers "regardless of who they are".

A criminal court issued the arrest warrants on fraud and money-laundering charges. Smith (47), and Beevor (40) were accused of deceiving an unnamed foreign victim into investing in stocks, real estate, a private jet and energy businesses, building credibility until the victim "believed the schemes and transferred more than one billion baht ($31.8 million)", the investigation bureau said.

According to the CIB, Smith portrayed himself as an investment expert and promised returns up to 11%.