Long list of complaints against important employees of direct-sales companies was bolstered by money laundering.
PUBLISHED: 29 Jan 2025 at 20: 13
The image Group founder and CEO Warathaphon” Boss Paul” Waratyaworrakul, his mother Wilawan Phutthasamrit, and former politician Samart Janechaittawanich are being held in custody on suspicion of conspiracy to dirty money. The Department of Special Investigation ( DSI) is investigating this case.
While Ms. Wilawan was released on bail, Mr. Warathaphon, different direct-sales company executives, and Mr. Samart are now behind bars for fraud and other offenses.
Researchers are preparing to send their record, which runs to 3, 000 chapters, to the Department of Special Litigation at the Office of the Attorney General, said Pol Maj Yutthana Praedam, the DSI director-general.
The DSI recommended that Mr Warathaphon, Mr Samart, a former assistant spokesman of the Palang Pracharath Party, and Ms Wilawan, as well as the business itself should be indicted on extra costs of money laundering.
The DSI recommended indicting all 19 defendants, including two famous people named Yuranunt” Sam” Pamornmontri and Peechaya” Min” Wattanamontree, who were charged on January 8 after the prosecution cited a lack of data.
The charges against all 19 suspects, including The image Group and 18 executives, are common scams, false loans, improperly running a direct sales business, and simultaneously inputting distorted, forged or misleading data into a computer system.
The logo case’s plaintiffs have alleged that the company and its top “bosses” concentrated more on enticed new dealers to buy products than on product marketing.
Approximately 9, 000 problems have reportedly been received by individuals who have reported losses of close to 3 billion ringgit to investigators.
The image Group and the 18 offenders ‘ possession of assets is the subject of a separate research that is ongoing.