Nationwide crackdown launched on illegal nominee shareholders and land holdings
Well-known Feng Shui master in police custody on fraud charges
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Well-known Feng Shui master in police custody on fraud charges
15 Sept 11:50Key points summarised by AI
Famous Feng Shui expert Thanawan Chiracharoenvet, known as “Ting Lee,” was arrested by the Crime Suppression Division on fraud charges.
Over 20 victims, primarily elderly individuals, accused him of defrauding them of more than 70 million baht through various schemes.
One family reported paying 66 million baht for suggested ceremonies and sacred objects, including a 38-million-baht stone Kirin from China that was never delivered, receiving a smaller substitute instead.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Yesterday 15:20Key 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.