Antonius Ceulen, a Canadian wanted by US marshals in Wisconsin for racketeering and fraud charges, has been arrested at an apartment in Khan Na Yao district, immigration police said Tuesday.
Pol Maj Gen Pornchai Khuntee, chief of the Immigration Bureau's Division 1, said Mr Cuelen was apprehended at an apartment where he lives with his wife.
The police did not say when the 60-year-old Canadian was captured, but the website of US marshals said police made the arrest on Sunday.
Mr Ceulen was on the arrest warrant of the District Court in Wisconsin for racketeering and fraud charges. He was also on the FBI's fugitive list.
The suspect and his friends faced two charges in the US state for selling securities for at least US$130 million for Lippmann Corp between November 1996 and 1997 with a promise for high interest rates in return for investors, but the investors never received the money back, according to Pol Maj Gen Pornchai.
He fled to Thailand sometime between 2000 and 2011 and also bought houses in Chiang Rai and Bangkok, and frequently visited Chiang Mai and Koh Chang in Trat, according to the US website.
The Canadian went into hiding since 2011 once the US administration was certain of his location in Thailand.
''Ceulen boasts that the Thai authorities will never catch him because he is much smarter than them,'' a message on the website said.
The Thai Criminal Court issued an arrest warrant for him in November last year.