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A Canadian man who is reportedly wanted in the United States on fraud and racketeering charges is under arrest in Thailand.
Authorities say Antonius Ceulen, 60, was the mastermind of a scam in the 1990s that promised investors a 50% return after one month, the Milwaukee Sentinel reports.
Ceulen is accused of defrauding investors to the tune of $130 million, U.S. Marshal Kevin Carr told Fox 6.
He has been wanted for racketeering and fraud in Wisconsin since 2005.
Fox 6 says authorities arrested Ceulen at his apartment near Bangkok and he faces extradition to stand trial in the U.S.
Agencies/Canadajournal
