Big Joke hits the jackpot - busts Ponzi scheme worth billions

PUBLISHED ON WED, JUL 11, 2018 6:20 PM

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

Chuwit walks free after month-long ‘prison inspection’By The Nation  TV news talk-show host Chuwit Kamolvisit was released from jail on Saturday morning after he had served his one-month jail term for concealment of assets. Chuwit was released at 7.30am from Bangkok Remand Prison where his family...

READ MORE...

Auspicious holidays brings two-day alcohol banBy The Phuket News Buddhist holidays will see a ban on alcohol sales across the country, including Phuket, next Friday and Saturday (July 27-28). PHUKET: The series of major public holidays next weekend will bring a ban on the sale of alcohol for two...

READ MORE...

Wild elephant-human conflictsBy Pradit Phulsarikij Nation Graphics Nation Graphics/Pradit Phulsarikij Infographics shows the current date of wild elephants in Thailand and their conflicts with human  Source: http://www.nationmultimedia.com/detail/national/30350497  -- © Copyright The Nation...

READ MORE...

Seeking peace with the pachydermsBy Chularat Saengpassa The Nation Weekend tusk tourismNine wild elephants cross a road inside the Khao Yai National Park, delighting passing tourist who quickly snap a picture of the huge mammal. Officials are on standby to ensure there are no confrontations...

READ MORE...
sponsors