Nun arrested for alleged involvement in a Ponzi investment scheme

21 Sept 07:27 Key points summarised by AI

An elderly nun, identified as "Pattana," was arrested in Thailand for alleged involvement in a Ponzi-like scheme.
The scheme, run by Concept Series Company, defrauded over 3,500 people of 1.3 billion baht with promises of high returns on cloud storage investments.
Police allege Pattana was a board member of the company, a claim she denies, and she is currently detained for questioning.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Today 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.