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DSI officials raid two houses suspected to be linked to a Ponzi scheme


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DSI officials raid two houses suspected to be linked to a Ponzi scheme

By Thai PBS

 

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PHITSANULOK: -- Officials of the Department of Special Investigation (DSI) raided two houses in Phitsanulok’s Muang district found to belong to a key man of a Pyramid-type investment scam which has allegedly duped over 5,000 investors of about 2.5 billion baht in investment.

 

The raid of the two houses in Wana Town Home housing estate in Tambon Wat Chan and in Tambon Nia Muang of Muang district was led by Mr Piyasiri Wattanawarangkun, deputy director of Unorganized Financial Transaction Litigation Office.

 

It was reported that the scam was operated through The System Plug and Play Company and Innovation Holding Company with Mr Pudit Kittithradilok as the managing director of the two firms.

 

Full story: http://englishnews.thaipbs.or.th/dsi-officials-raid-two-houses-suspected-linked-ponzi-scheme/

 
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-- © Copyright Thai PBS 2017-09-15

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