Police raided 17 locations at four Bangkok luxury estates and arrested 11 suspects, mostly Chinese nationals, with assets worth over 6 billion baht seized. The probe found 95 companies suspected of using Thai nominees to hold 94 houses and plots. Working with the Business Development Department, Lands Department and Revenue Department, authorities are tightening scrutiny of nominee structures. For a Thai SME, the practical point is that company shareholding and partner arrangements, especially where foreigners are involved in property or companies, face closer checks from several agencies.