DSI maintains iCon Group’s business is a pyramid scheme
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DSI maintains iCon Group’s business is a pyramid scheme
17 Sept 11:19Key points summarised by AI
The DSI's screening committee officially classified iCon Group’s business model as a pyramid scheme, violating the Emergency Decree on Borrowing.
The committee recommended DSI file charges of operating a pyramid scheme against iCon Group executives and core members, who are already facing public fraud charges.
DSI is separating the pyramid scheme case from an ongoing money laundering investigation and is collaborating with the attorney-general and external experts.
Authorities are investigating allegations against some investors claiming losses and have seized assets, including a Mercedes Benz linked to one of the detained suspects.
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.