Big Joke hits the jackpot - busts Ponzi scheme worth billions

Big Joke hits the jackpot - busts Ponzi scheme worth billions

 

11-_180711_0003-1024x683.jpg

 

In one of his biggest successes yet crime buster extraordinary Pol Maj Gen Surachet Hakpal has busted a huge Ponzi scheme.

 

The deputy commissioner of the Thai Tourist Police Bureau - known as Big Joke in the Thai media after a series of high profile results - Surachet led a team of his own men and Electronic Crime Suppression Division officers in the bust.

 

Arrested on Tuesday after raids at 15 locations was alleged ringleader of the scheme Chinnawat Noiwan.

 

A total of 32 arrests were made. 

 

The TPB said that the scheme involved a turnover of billions of baht.

 

It is connected to a company called OD Capital that was operating illegally in Thailand.

 

Investors were offering 10% returns and more if they recommended others to join the scheme.

 

The TPB said that 500,000 people may have been duped. 

 

Maj Gen Surachet led the press conference that marks yet another feather in his own cap and that of his team. His successful busts are now an almost daily feature of the Thai news.

 

All suspects involved have been charged with fraud. 

 

Source: https://touristpolice.go.th/2018/07/11/ตำรวจจับ-21-ผู้ต้องหา-เปิด/

 
tvn_logo.jpg
-- © Copyright Thai Visa News 2018-7-11
latest news from Thailand

Thai Raksa Chart hopefuls among 2,810 candidates to qualifyBy KAS CHANWANPEN THE NATION WEEKEND  THE ELECTION Commission (EC) yesterday announced the names of 2,810 party-list candidates who are qualified to contest the March 24 election – including representatives of the Thai Raksa Chart...

READ MORE...

SPECIAL REPORT: HARD WORK key to saving forestsBy PIYAPORN WONGRUANG THE NATION WEEKEND Photos courtesy of Sayan Chuen. THAILAND’S ‘SMART PATROL’ SYSTEM OF FOREST PROTECTION WITH GPS RECORDING WIDELY APPLAUDED THE TRACES found on the dusty soil of the dry deciduous forest had become sparse and...

READ MORE...

There’s treasure in Asean diversityBy Phatarawadee Phataranawik The Nation Weekend Heading overseas in an ambassadorship role is a band called C Asean Consonant, whose 10 musicians from across the region play the traditional instruments of their homelands. Photo courtesy of ThaiBev With Thailand...

READ MORE...

Businesswoman wants to become Thailand's first transgender prime ministerJeremy Harmer, Tassanee Vejpongsa Ms Ngarmpring greets locals as part of election campaigns in Bangkok As Pinit Ngarmpring, he was a CEO and sports promoter, well known in the world of Thai football. Now, under her preferred...

READ MORE...
sponsors