The deal occurs” simply before Boss Paul’s incarceration.”
The Anti-Money Laundering Office ( Amlo ) is investigating the money trail of about 241 million USDT, a cryptocurrency, worth more than 8 billion baht, suspected to be linked with the fraud involving The iCon Group.
Prasert Jantararuangtong, the secretary of the modern economy and society, has instructed Amlo to conduct an investigation into the transfer of cryptocurrency. ” An first assessment has revealed that hundreds of thousands of people were involved. The Office of the Consumer Protection Board ( OCPB) is in charge of an investigation, according to Mr. Prasert, who said it will take some time.
He claimed that an investigation into the logo Group scandal was also being conducted by a committee, and that progress is anticipated from the panel the following week. According to Mr. Prasert, the commission has 30 days to complete its review, and it is also working with the Central Investigation Bureau.
Previously, Ekkapop Luangprasert, an adviser to the interior minister, asked the police’s Consumer Protection Police Division ( CPPD ) to look into a cryptocurrency transaction which occurred shortly before Warathaphon” Boss Paul” Waratyaworrakul, the founder and CEO of The iCon Group, was arrested.
Mr Ekkapop claimed there was information showing more than 8 billion ringgit being transferred to obtain Ethereum, another cryptocurrency, one hour before the arrest. He requested that the authorities check whether the transaction had a connection to the creator of the image group.
A group of 40 Thai nationals and foreigners who live abroad have since filed lawsuits against The logo Group for not fulfilling the payments they made, resulting in loss of 20 million baht, while the overall number of complaints against the online company promoter is today close to 3, 000.
Itthidet Thanetwattana, a representative for the Thai and foreign victims, made an appointment at the Bangkok Central Investigation Bureau ( CIB ) to submit a complaint to the Consumer Protection Police Division on Saturday.
He brought files that included records for purchases of sign goods, images of stores that had ordered goods for export, and images of victims who had their photos taken with Mr. Warathaphon.
Mr Itthidet said the 40 patients– 20 in Asia and 20 people in Europe– lost at least 20 million ringgit. They are living in China, Hong Kong, Macau, Italy, Germany, Canada, Estonia and Luxembourg. He claimed that the majority of the people he represented just placed orders for products for sale and did not want to be sellers in the company’s business network. They used the money to purchase the goods, but none were delivered.
The majority of the victims were ladies, who frequently ordered goods from Thailand to be sold in their home countries. According to Mr. Itthidet, they were drawn to the image advertisements on Facebook featuring its famous “bosses,” who had a strong influence on the business.
One Thai lady in Hong Kong purchased protein products from her and purchased cocoa powder, caffeine, and other products for more than one million ringgit. Just some goods were delivered. She tried to contact an agent, but the adviser denied any duty, said Mr Itthidet. After sending income, some victims were left with no products.
He said Chinese and other unusual patients were worried about contact constraints, as well as travel costs, that made it hard to follow up their problems. According to Mr. Itthidet, they perhaps permit friends or relatives to speak to the authorities in Thailand.
The image Group’s overall number of complainants is growing. A full of 2, 910 individuals had reported concerns to the police as of Saturday, and they are looking into allegations that the company had run a pyramid system that has resulted in overall costs of 911 million baht.
Mr Warathaphon, 41, and 17 different defendants, including artists, were arrested on Wednesday on charges of common scams and inputting phony information into a computer program. They denied the claims.
The majority of people did not request parole, but three did, and they were turned over. All 18 offenders have been remanded in prison.