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Wisut Boonkasemsanti: From murder to monkhood to market manipulation

Wisut Boonkasemsanti: From murder to monkhood to market manipulation

13 Sept 11:04 Key points summarised by AI
  • Convicted wife-killer Wisut Boonkasemsanti now faces new accusations from the Securities Exchange Commission (SEC) for high-stakes market manipulation, specifically "front running," involving two female accomplices.
  • The SEC alleges that a brokerage employee provided confidential client information to Wisut, enabling him to illegally profit from stock price manipulation, with another woman reportedly receiving illicit funds.
  • Wisut, once a prominent IVF expert, was convicted in 2003 for the gruesome murder of his wife, but served only 10 years and seven months due to royal clemency, being released on parole in 2014.
  • After his release, he entered monkhood professing spiritual change, but these new financial crime allegations cast significant doubt on the sincerity of his proclaimed transformation.
  • The SEC has escalated the case to anti-money laundering and economic crime divisions, potentially leading to Wisut's re-imprisonment if convicted of the current charges.
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