DSI files 4 charges against 18 iCon Group executives

13 Sept 22:58 Key points summarised by AI

The Department of Special Investigation (DSI) has filed four charges against 18 executives of iCon Group, including defrauding the public through a pyramid scheme and violating various laws.
DSI officials express confidence in their evidence, asserting that the company operated a pyramid scheme that victimized approximately 7,000 individuals, rather than engaging in legitimate direct marketing.

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.