The son of a former senator and leading economist and expert on corruption and gambling in Thailand has been arrested for on charges of running an online gambling network and its payment system.

Police from Thailand’s Technology Crime Suppression Division (TCSD) have confiscated assets worth more than (US$ 11.1 million) 400 million baht.

Narote Piriyarangsan, 33, was arrested following crackdowns in three sites around the city, according to Pol Maj Gen Athip Pongsiwapai, commander of the police Technology Crime Suppression Division (TCSD).

Mr Narote’s father, Sangsit Piriyarangsan, is an economist who has written articles and books about corruption and gambling. He was one of the appointed senators that were investigating the government’s intention to legalize casino gaming before their terms expired.

Police also detained 39-year-old Narayut Narakaew, the owner of the gambling website 69pgslot.com. The Criminal Court issued arrest warrants for the couple for operating an internet gambling service and money laundering.

According to the Bangkok Post, police seized two desktop computers, one laptop computer, 14 mobile phones, 21 bank passbooks, 53 ATM cards, and four high-end cars — a Ferrari 926 GTS, an Aston Martin, a Lexus, and a Subaru — totaling more than 400 million baht.

Police launched the inquiry after discovering the online gambling site, which accepted funds via an automatic deposit-withdrawal system through bank accounts and deposits in the AskMePay system. Players scanned the VPay QR code as well as the QR codes for Heng Online 888 or Heng Pay Company.

Police also discovered that payments received via QR code scans were transferred to the account of Heng Pay Co and then to the gambling website’s mule accounts using AskMePay, which did not use banks’ face recognition scanning. An inquiry indicated a monthly turnover of approximately 5 billion baht.

According to investigators, the website has been up and running for around four years, with the payment mechanism in use for roughly eight months.

According to Pol Maj Gen Athip, Mr Narote owns the gaming website’s payment systems and is the director of Heng Pay Co. After gathering evidence, authorities requested arrest warrants for 14 people.

Thailand does not allow almost any kind of gaming. Even though the law doesn’t say anything specific about online gaming, it is still considered gambling. The country has pretty strict rules about gambling. Thai punters can bet on the national lottery and horse races, but they can’t bet on any other types of games.

But it’s not a secret that there is a huge illegal gaming business in Thailand, even though it’s illegal.

The illegal casinos, online betting shops, underground lotteries, and pop-up bookies that take bets on everything from cockfights to Muay Thai make a shadow economy that is worth billions of dollars every year.