Rolls and Bentleys owned by CEO among the collection of luxurious vehicles
PUBLISHED: 17 Oct 2024 at 17: 37
Initial raids by authorities on the image Group fraud case involved the iCon Group’s assets, including luxury cars. The company’s chief administrative occupied nearly a third of the total.
In response to complaints that the website sales company ran a pyramid scheme that resulted in costs for hundreds of people, the 18 defendants who were detained on Wednesday were given the assets.
According to sources, image CEO Warathaphon” Boss Paul” Waratyaworrakul’s assets were estimated to be worth 61 million ringgit on top of that sum.
They included a Mercedes-Benz S500e, a Bentley Flying Spur Hybrid, a Rolls-Royce, comfort bags, pieces and weapon.
Authorities even impounded goods for about 30 million ringgit from Panjarat Kanokrakthanaporn. A McLaren and a BMW X3 were among them.
From the well-known TV project sponsor and professional Kan Kantathavorn, officers seized 17 million baht worth of assets including a Mercedes-Benz Sprinter 416 CDI Van, a Porsche Cayenne S E-Hybrid, a Ford Mustang and a KIA Carnival.
Authorities have yet to seize significant amounts of the suspects ‘ property, according to sources with knowledge of the analysis. Before the controversy started to make stories this month, they discovered that some suspects had previously tried to conceal their money by turning it into digital assets.
