British and Australian suspected fraudsters have been arrested in Thailand for allegedly running a boiler room gang that targeted elderly victims.

The ringleaders - six from the UK and five from Australia - were based in a mansion on the outskirts of Bangkok. They allegedly had a complex network of 60 computers they used to scam thousands of residents in Oz.

However, the AFP pushed Thai officers to probe the call centre setup after receiving complaints from devastated alleged victims who had lost their life savings.

Dramatic footage shows armed cops storming into the luxury rented home and arresting the suspected gang members at gunpoint on Monday morning.

They were handcuffed and pushed face down onto the ground before being driven away in police trucks.

Speaking today, Kristie Lee Cressy, Senior Officer at the Australian Federal Police (AFP), said: 'AFP's investigative unit received intelligence about a sophisticated call centre syndicate that had relocated its operations to Thailand. We shared this information with the Royal Thai Police.

'Following a joint investigation with Thai authorities, a search warrant was obtained and a raid was carried out at the premises.

'This syndicate was specifically targeting Australian victims, scamming them through elaborate schemes. The total losses caused by their operations amounted to nearly two million Australian dollars, money stolen from hardworking Australians.

'This operation marks a significant success in the ongoing cooperation between the Thai and Australian police.'

Officers raided the sprawling property where they found 58 computers and notebooks. There were also several clocks on the wall showing different time zones across Australia.

Police also recovered scripts that the fraudsters would read to victims to lure them into investing in bonds with annual yields of between seven and ten per cent, with maturity times of between one and three years.

There were allegedly records of more than 14,000 Australian nationals who had been targeted.

Officers said that at the property, a large curtain would cover the entrance where the gang members parked their cars each day. The working hours were 9 am to 6 pm Sydney time.

Officers monitored the activity at the property for several months and found that those involved were all living seemingly normal lives in the country, but they would work at the call centre during the daytime and leave at night.

Police named the arrested suspects as Brett Peter Dawson, 51, Nicholas John Mason, 43, Mark Dennis, 54, Christopher Pepena, 48, and Luke Cameron Campbell, 45, all from Australia.

While the British suspects were Lewis Samuel Gillespie, 30, Ellis Ian James, 59, Mark Mackenzie, 61, Dean Crowley, 42, Mark Andrew Howship, 56, and Lewis Robbie, 40, all of them from the United Kingdom.

Police also arrested Jeremy Fortoen, 44, from South Africa and Szeto Kwok Chi, 58, from Canada.

Lieutenant Colonel Warat Soemsujari from the Crime Suppression Division (CSD) said: 'We have been working with the Australian Federal Police for some time. In May 2024, they sent us a formal request for cooperation, providing intelligence and leads in their investigation.

They were seeking two suspects believed to be ringleaders of a call centre syndicate causing significant damage in Australia and who had since relocated to Thailand. They were Mark Dennis, an Australian and Mark Andrew Howship, a British national.

'We expanded our investigation, checking their travel records, residences, and began surveillance. At first, there wasn't solid evidence linking them directly to criminal activity. Later, we managed to gather enough evidence to request a search warrant for a property we had been tracking. After about two months of surveillance, we were confident it was the site of their operations.

'The arrests went smoothly. We apprehended the suspects and clearly found evidence that it was indeed a call centre operation. We believe they had been working together prior to this. The Australian police had already been investigating them and provided the foundational information that allowed us to proceed further.

'The suspects held different types of visas and did not enter Thailand at the same time. The key figures in the group have families living in Thailand. The house we raided was set up as an office, and they did not live there. Their working hours aligned with Australian time. At the time of the raid, which happened just after 8 am Thai time, they were actively working.'

Officers said that Mark Dennis, an Australian and Mark Andrew Howship, a British national, had previously run a similar scheme in Indonesia before fleeing to Thailand.

They are currently interrogating all of the suspects to find the full extent of the alleged crimes. However, police said that none of the suspects had the correct visas for working in the country.