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Doctor turned fugitive: Boon Vanasin’s descent from fame to infamy

Doctor turned fugitive: Boon Vanasin’s descent from fame to infamy

14 Sept 16:02 Key points summarised by AI
  • Hospital tycoon Dr. Boon Vanasin, 86, has become an international fugitive, accused of scamming over 240 investors out of at least 7.5 billion baht through fictitious healthcare projects.
  • Leveraging his esteemed reputation as co-founder and former chair of Thonburi Healthcare Group (THG), Dr. Boon allegedly lured investors with promises of high returns and THG shares, issuing fraudulent cheques that later bounced.
  • THG has vehemently denied any involvement in the alleged fraud, stating Dr. Boon resigned in August 2022 and the purported projects were entirely fake and unrelated to the company.
  • Dr. Boon, along with eight alleged accomplices including his wife and daughter, faces multiple charges including public fraud, money laundering, and issuing fraudulent cheques, with several accomplices already arrested.
  • This scandal follows prior controversies, notably a 2022 fine and ban for misleading investors about COVID-19 vaccine procurement and his past connection to the Alpine Golf Course scandal.
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