Prosecutors indict celebrity couple and six others in Forex 3D Ponzi scheme

13 Sept 10:49 Key points summarised by AI

Thai prosecutors formally indicted eight individuals, including celebrity couple Pattanapon Minthakhin and Suteewan Thaweesin, in connection with the widespread Forex-3D Ponzi scheme.
The Department of Special Investigation (DSI) concluded its probe into a third group of suspects, recommending charges for eight, which public prosecutors subsequently approved.
The Forex-3D investment scam, orchestrated by Apiruk Kothi, promised unrealistic 10% monthly returns and leveraged celebrity endorsements to defraud tens of thousands of investors.
All eight indicted suspects were later freed on bail, while other individuals from the same group were not charged after their testimonies confirmed non-involvement in the scheme.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 15:20 Key points summarised by AI

Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.