Crime
Celebrity Couple Indicted for Fraud in Multi-Million Dollar Forex 3D Scam
Prosecutors in Thailand have charged celebrity couple “DJ Man” and his singer-wife “Baitoey” as well as four others with fraud in the multi-million dollar Forex 3D Ponzi scheme.
Mr Pattanapon Kunjara “DJ Man” and Ms Suteewan Kunjara “Baitoey” arrived at the Office of the Attorney-General’s department of special litigation on Tuesday morning, accompanied by their lawyer, to hear the prosecution’s decision in the case against them.
The couple and four individuals were charged on three counts: conspiracy to obtain fraudulent loans, public fraud, and entering false information into a computer system in violation of the Computer Crime Act.
Mr Pattanapon, alias “DJ Man,” told reporters that he was unaware of the prosecutors’ decision and that he had not prepared any assets to support a bail application. He was expecting his mother to arrive. Ms Suteewan, also known as “Baitoey,” was tense and refused to interact with reporters.
Prosecutors indicted all six defendants in the case on all three counts on Tuesday morning, according to deputy spokeswoman Kosolwat Intuchanwong. The Department of Special Investigation (DSI) charged the couple and six people in February on allegations related to the Forex-3D Ponzi scheme.
Mr Pattanapon and Ms Suteewan appeared before DSI investigators in September to admit to the three charges, which they all disputed, and were then discharged. They were among the 16 people accused of being involved in the Forex 3D scam.
The DSI called Mr Pattanapon and Ms Suteewan in 2019 to clarify their relationship with Apiruk Kothi, the owner of Forex-3D, who is accused of a multibillion-baht fraud.
Forex-3D advertised itself as an online foreign exchange dealer with a beautiful website, but it was unregistered and operated as a Ponzi scheme. It was promoted by celebrities who were paid to do so.
The Criminal Court later denied bail to Mr Pattaporn and Ms Suteewin, and they were detained in detention together with two other defendants who did not seek for bail. The first defendant is Pattanapon, 40, and the second defendant is Ms Suteewin, 35.
Mr Pattanapon’s mother appealed for bail, pledging 100,000 baht as surety and requesting that he be equipped with an electronic tag that would follow his activities. Suteewin’s younger brother sought for her release on bail, giving 5 million baht as surety and requesting that she be electronically tagged.
Chatchai Khotchahin, 35, and Suranart Nakmusik, 38, provided 100,000 baht and 400,000 baht as surety, respectively, but were also denied parole. The fourth and sixth defendants declined bail.
The court determined that all of the accused posed a flight risk.The men were detained at Bangkok Remand Prison, while the ladies were detained at the Central ladies’s Correctional Institution.
Forex Scams in Thailand
Forex-3D is a foreign exchange broker that was established in 2013 and is based in Thailand. The company offers online trading services in various financial markets, including forex, metals, and CFDs. Forex-3D offers several account types to its clients, including a standard account, a premium account, and an ECN account.
It’s worth noting that Forex-3D has been subject to regulatory action by the Thai Securities and Exchange Commission (SEC) in the past, and in 2019, its license was revoked. As a result, it’s important for anyone considering using Forex-3D or any other forex broker to carefully research the company and ensure that it is properly regulated by the relevant authorities in their jurisdiction.
Unfortunately, like in any other country, there have been forex scams reported in Thailand. These scams typically involve fraudulent forex brokers or investment firms that promise high returns on investments but then disappear with investors’ funds.
To avoid falling victim to forex scams in Thailand or anywhere else, it’s important to do your research and carefully vet any broker or investment opportunity before investing any money.
Here are some tips to help you avoid forex scams:
1. Check for proper regulation: Make sure that the broker or investment firm is properly regulated by the relevant authorities in Thailand or the country where they are based.
2. Do your research: Look up reviews and feedback from other traders or investors who have used the broker or investment firm before. Also, research the company’s history and any past regulatory action taken against them.
3. Beware of promises of guaranteed profits: No legitimate investment opportunity can guarantee profits. If something sounds too good to be true, it probably is.
4. Be wary of high-pressure sales tactics: If a broker or investment firm is pressuring you to invest quickly or heavily, it could be a sign of a scam.
5. Keep your personal information safe: Never give out your personal or financial information to a broker or investment firm that you don’t trust completely.
By following these tips and being vigilant, you can help protect yourself from forex scams in Thailand or anywhere else.
Police in Northern Thailand have arrested a fellow officer as he was being ordained at a temple in Ngao district of neighbouring Lampang province.
Pol Lt Col Bandit Khonkan chief inspector from the Hang Dong police station was disrobed and taken to the Chang Puak station in Chiang Mai. He was arrested on charges of running a call centre scam gang in Chiang Mai Province.
According to Thai Media Chiang Mai Provincial Police Region 5 obtained an arrest warrant for Pol Lt Col Bandit on Friday from the Chiang Mai Provincial Court for procuring illegal telecom equipment, setting up a station and using public airwaves to run a telecommunications business without permission.
Pol Lt Col Bandit reportedly told investigators that he was not the ringleader and was only a member of the gang with Chinese partners.
His arrest followed the apprehension of his 26-year-old daughter, Miss Wanuchapond, 26, and three others during raids at three housing projects in Chiang Mai on Friday, Pol Maj Gen Weerachon Boontawee, deputy chief of Provincial Police Region 5 told Thai media.
During the raids police police discovered around 12 GSM gateways, or SIM boxes, which are devices used for converting cellular networks into mobile phone numbers used domestically.
The chief inspectors daughter Miss Wanuchapond told the arresting officers that she was paid 8,000 baht a month at each of the three locations for renting thr rooms and monitoring devices.
She claimed she had no idea what the devices were and accepted the job because the pay was attractive.
Police investigators working with telecom regulators used a special tracking device to monitor the gang’s communications and learned that its base was in Myanmar opposite Mae Sai district of Chiang Rai.
The call center gang used the GSM gateways to make calls over the internet to scam people in Thailand out of million of baht.
The GSM gateways transmitting signals via SIM boxes to convert them into domestic phone numbers, duping victims into thinking they were being called from Thai government agencies.
Pol Maj Gen Weerachon said that each SIM box held 32 SIM cards, with a capacity of up to 300,000 calls a month. The seized devices had made fraudulent calls over 3.6 million times.
He said the their investigation is ongoing and they are working to track down the remaining conspirators, including Chinese and other Thai suspects.
Authorities are still deciding whether Pol Lt Col Bandit will be dismissed from the force, he said, adding that so far, no other officers are known to have been involved.
Meanwhile, Prime Minister Settha Thavisin has authorized the establishment of an emergency cyber center operated by the Royal Thai Police to combat transnational crimes committed by call center gangs along the Thai border in Chiang Rai province.
On July 19, Prime Minister Settha Thavisin directed the Center to combat information technology crimes. The Royal Thai Police (Royal Thai Police) will crack down on call center gangs in Myanmar, Laos, and along the border.
His directive comes as call center gangs ratchet up their scams to defraud people of their money, causing concern among Thais and jeopardizing the country’s economic and social stability.
Related Police News:
Machete Wielding Man Shot an Killed by Police in Chiang Rai
https://www.chiangraitimes.com/chiangrai-news/machete-wielding-man-shot-an-killed-by-police-in-chiang-rai/
Immigration police officers have arrested four Colombian nationals in connection with a series of home burglaries at luxury housing complexes in the Bangkok metropolitan area and Chiang Buri Province.
Pol Maj Gen Panthana Nuchanart, deputy commissioner of the Immigration Bureau, told a press briefing that three of the suspects were apprehended in Nonthaburi Province and the fourth in South Pattaya, Chon Buri Province.
According to the Bangkok Post, the Colombians were charged with stealing conspiracy and seized around 3 million baht (US$82,500.00).
According to Pol Maj Gen Panthana, the criminals rode motorcycles through housing estates, scoping out the properties and waiting for the owners to depart before committing their crimes.
He stated that all four of the accused denied any involvement in the home break-ins, but the arresting squad discovered evidence that implicated them.
Police called to home invasion
Meanwhile, police were dispatched to a luxury housing development in Tambon Nong Prue, Chonburi Province, after a Chinese man was attacked during a house invasion.
When they arrived, they discovered the house owner, Mr. Qian Peng Yi, visibly scared and with marks from being tied up with a cable. He informed police that three Chinese males broke into his home at 9 p.m., one of whom brandished a gun at him and directed him to his bedroom.
They bound his hands and feet, gagged him with fabric, taped his head, and forced him into the bed. The intruders then attempted to compel him into transferring 10 million baht in cryptocurrencies to them, endangering the life of his 33-year-old cousin who was in a second-floor bedroom.
While they scoured the house in search of riches, Mr. Peng Yi managed to flee and hide; he subsequently observed them leave with his cousin. Officials investigated the property and analyzed security camera footage from the incident and surrounding areas.
Around 9 p.m., a 30-year-old van driver came at the Bang Lamung police station after being contacted by an agency to carry Chinese customers from Pattaya to Suvarnabhumi Airport.
The driver informed authorities that he was supposed to pick them up at a motel about a kilometer from the Chinese businessman’s home. He then drove them to Bangkok’s Suvarnabhumi airport, arriving at 1 a.m. and receiving 1,800 baht.
The driver took a snapshot of the group smoking at the airport gate and identified one of them as the victim’s cousin. Police suspected coordination between her and the three suspects in her cousin’s heist, who all departed Thailand on the same aircraft.
Other Bangkok News:
Police in Bangkok Discover Six Vietnamese Tourists Dead in 5 Star Hotel
Police in Bangkok Discover Six Vietnamese Tourists Dead in 5 Star Hotel
Crime
Son of Thailand’s Leading Legal Scholar on Corruption Arrested for Running Online Gambling Network
The son of a former senator and leading economist and expert on corruption and gambling in Thailand has been arrested for on charges of running an online gambling network and its payment system.
Police from Thailand’s Technology Crime Suppression Division (TCSD) have confiscated assets worth more than (US$ 11.1 million) 400 million baht.
Narote Piriyarangsan, 33, was arrested following crackdowns in three sites around the city, according to Pol Maj Gen Athip Pongsiwapai, commander of the police Technology Crime Suppression Division (TCSD).
Mr Narote’s father, Sangsit Piriyarangsan, is an economist who has written articles and books about corruption and gambling. He was one of the appointed senators that were investigating the government’s intention to legalize casino gaming before their terms expired.
Police also detained 39-year-old Narayut Narakaew, the owner of the gambling website 69pgslot.com. The Criminal Court issued arrest warrants for the couple for operating an internet gambling service and money laundering.
According to the Bangkok Post, police seized two desktop computers, one laptop computer, 14 mobile phones, 21 bank passbooks, 53 ATM cards, and four high-end cars — a Ferrari 926 GTS, an Aston Martin, a Lexus, and a Subaru — totaling more than 400 million baht.
Police launched the inquiry after discovering the online gambling site, which accepted funds via an automatic deposit-withdrawal system through bank accounts and deposits in the AskMePay system. Players scanned the VPay QR code as well as the QR codes for Heng Online 888 or Heng Pay Company.
Police also discovered that payments received via QR code scans were transferred to the account of Heng Pay Co and then to the gambling website’s mule accounts using AskMePay, which did not use banks’ face recognition scanning. An inquiry indicated a monthly turnover of approximately 5 billion baht.
According to investigators, the website has been up and running for around four years, with the payment mechanism in use for roughly eight months.
According to Pol Maj Gen Athip, Mr Narote owns the gaming website’s payment systems and is the director of Heng Pay Co. After gathering evidence, authorities requested arrest warrants for 14 people.
Thailand does not allow almost any kind of gaming. Even though the law doesn’t say anything specific about online gaming, it is still considered gambling. The country has pretty strict rules about gambling. Thai punters can bet on the national lottery and horse races, but they can’t bet on any other types of games.
But it’s not a secret that there is a huge illegal gaming business in Thailand, even though it’s illegal.
The illegal casinos, online betting shops, underground lotteries, and pop-up bookies that take bets on everything from cockfights to Muay Thai make a shadow economy that is worth billions of dollars every year.
Related News:
Thailand’s Cyber Crime Police Raid Top Cops Home Over Gambling Websites
Thailand’s Cyber Crime Police Raid Top Cops Home Over Gambling Websites
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