Key suspect in “Ufun Store” fraud apprehended at Don Mueang airport
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Key suspect in “Ufun Store” fraud apprehended at Don Mueang airport
13 Sept 06:12Key points summarised by AI
A key suspect, identified as “Neo” and an executive of the Ufun Store pyramid scheme, was arrested at Don Mueang airport after nearly a decade on the run.
The Ufun network defrauded thousands of investors of over 10 billion baht by promoting a pyramid scheme involving U-Token cryptocurrency and various products with promises of high returns.
This arrest follows the apprehension of another executive's wife earlier this year, and in 2017, 22 defendants were sentenced to a combined 12,267 years in prison for their roles in the scheme.
Thailand's Education Ministry is implementing a four-pronged strategy to address its students' below-average performance in PISA 2025 and tackle significant educational inequality.
The plan prioritizes closing performance gaps by increasing funding for small and low-income schools, overhauling the curriculum to foster critical thinking, and adopting a data-driven management system to reduce teacher workload.
Key initiatives include enhancing school safety, combating cyberbullying, and expanding mental health support through peer-to-peer networks, recognizing the severe impact of distress on academic performance.
An education expert advises verifying if PISA improvements stem from structural changes, advocating for a revived STEM curriculum with practical 'learn by doing' methods, and urging bureaucratic reform to link teacher evaluations to student development.