The man who has identified himself as "Banpodj" yesterday confessed to having produced video clips deemed insulting to the high institution, Royal Thai Police spokesman Pol Lt-General Prawut Thaworn-siri said yesterday.
Hassadin Uraipraiwan, who had been wanted by police on lese majeste charges, was arrested in a hotel room near Bangkok's Soi Soonwijai on Monday.
Police are investigating who else was involved in the crime and they claim to have evidence proving Hassadin made the video clips in question, Prawut said.
"Police believe there are other people involved in committing the crime and we are seeking help from the Anti-Money Laundering Commission [AMLO] to follow the financial trail of the gang to track down those involved, for prosecution,'' he said.
Police have not brought Hassadin before a press conference because he is being held for questioning by the military for seven days under martial law before police can start investigations.
AMLO chief Pol Colonel Sihanart Prayoonrat said the lese majeste case against Hassadin was not an offence under the money laundering law. As a result, the agency could only check financial transactions and links for transactions exceeding Bt2 million (S$83,300) each. The agency could neither seize his assets nor order an in-depth probe.
He said AMLO had checked the gang's financial transactions and found there were only six-digit amounts circulating in their bank accounts - but the money circulated by the whole network may be a seven-digit sum.