Ex-police chief ‘Joe Ferrari’ has 600 MILLION baht in assets

[Liverpool Lou]

32 minutes ago, simon43 said:

Bring in the Chinese to sort out this corruption!  There would be dozens of police convicted and executed on the same day! 

That's because the Chinese are even more corrupt!

[RJRS1301]

1 hour ago, worgeordie said:

600 Million THB in assets , salary 43,000 THB month ,I think

the tax man needs to have a close look at him too.

regards Worgeordie

Oh I am sure he has declared all income producing assets to the tax man.

Wonder how many houses he owns?

 

[Hayduke]

1 hour ago, webfact said:

Now it looks like the pan who had a salary or 43,400 baht has 600 million baht in the bank, property and cars.

 

But....but....this must be a terrible misunderstanding. He swore on his amulet that he was only trying to protect the children.

 

 

 

Edited September 7, 2021 by Hayduke

[shackleton]

Why is there no mention of the assets held by the guys arrested along with him 

Can image they have more than their monthly pay would provide for ?

 

[JeffersLos]

1 hour ago, worgeordie said:

600 Million THB in assets , salary 43,000 THB month ,I think the tax man needs to have a close look at him too.

I wouldn't be surprised if he is the tax man. 

[Will B Good]

Just now, JeffersLos said:

I wouldn't be surprised if he is the tax man. 

19 for me and 1 for you.

[Mr Meeseeks]

22 minutes ago, Liverpool Lou said:

Urban myth in Thailand, there are no "luxury wings" in Thai prisons.

Next you will be arguing that nobody receives preferential treatment or there's no corruption here and expect us all to believe it. 

[Will B Good]

2 minutes ago, Mr Meeseeks said:

Next you will be arguing that nobody receives preferential treatment or there's no corruption here and expect us all to believe it. 

Wifey claims (and she is never wrong) people are paid to serve time for others. Just need a passing resemblance (and a lot of money)

[greenmonkey]

1 hour ago, JonnyF said:

Surely there has to be some misunderstanding. I mean, how could a Thai person with such a lovely, polite Wai do such a thing? ????

 

Here's my prediction. Seeing as this has hit social media there will be lots of talk of police reform. Joe Ferrari will have to do a (very short) stretch in a very luxurious wing of the prison. Meanwhile, judges, prosecutors, lawyers, prison directors etc. all end up with extraordinarily wealthy gardeners and Joe Ferrari comes out of prison a lot poorer than he went in, but still a very wealthy man (more of a Joe BMW).

I reckon you hit the nail on the head with that assessment!

[2 is 1]

1 hour ago, Will B Good said:

He has to be a total psychopath .

 

All that wealth and

 

a. He is still working

b. Still greedy and wanting more

c. He is has given it all away, potentially, due to the pointless death of a minor drug dealer.

For many Thai its not the money, its position and power! Everybody look you up and really deep wai first! And every farang who has even little moved out of they own bubble knows that almost every police in LOS is corrupted. Even small villages biggest house is owned by police and whit they salary its not possible!

[Excel]

1 hour ago, Will B Good said:

That is the crux of the problem.

 

There is no one who "clean", so there is no one with the motivation to sort this mess out.

Hence bring in the Chinese and execute the lot of them from the top down to provincial level. The rest then may understand corruption will be punished. If that is 10,000 or 100,000 it makes no matter . The bigger the number punished the bigger the incentive not to do it.

[JonnyF]

35 minutes ago, Liverpool Lou said:

Urban myth in Thailand, there are no "luxury wings" in Thai prisons.

OK, maybe not luxury but there are private cells, mobile phones, drugs/alcohol, half decent food, conjugal visits available if you have cash to pay guards. 

 

Certainly luxury compared to being in the sardine section eating fish head soup every day.

 

https://thethaiger.com/hot-news/crime/thai-prison-governor-fired-for-allowing-inmate-conjugal-visit

 

[Will B Good]

1 minute ago, Excel said:

Hence bring in the Chinese and execute the lot of them from the top down to provincial level. The rest then may understand corruption will be punished. If that is 10,000 or 100,000 it makes no matter . The bigger the number punished the bigger the incentive not to do it.

You should run for office....555

[tomacht8]

Thai customs officials say Mr Thitisant confiscated 368 such cars since 2011, which could potentially have earned him around 400 million baht.

 

So he have 600 million baht.

Where the difference aka 200 millions come from?

 

Extortion?
Drug trafficking?

[Katipo]

Rumours abound that he works for someone bigger. THat he will either get a suspended sentence, or be sent to jail in 'name only'. 

[brucegoniners]

20 million bucks and he makes a grand a month?

 

Sign me up for that gig!

[ALLSEEINGEYE]

My guess is that he was either the head of this super car smuggling ring or part of the team heading it up. It is clearly a scam they were running to keep the cash cow flowing. Have any of the top people from this super car theft ring been arrested? This should be part of the main focus as well.

 

How do you seize 600 super cars without totally breaking up the ring itself??

[VocalNeal]

14 minutes ago, tomacht8 said:

Thai customs officials say Mr Thitisant confiscated 368 such cars since 2011, which could potentially have earned him around 400 million baht.

 

So he have 600 million baht.

Where the difference aka 200 millions come from?

 

Extortion?
Drug trafficking?

Inheritance. Obvious really.

Or wife's family.

[stigar]

2 hours ago, worgeordie said:

600 Million THB in assets , salary 43,000 THB month ,I think

the tax man needs to have a close look at him too.

regards Worgeordie

He used the TAT calculator u know.

[wombat]

1 hour ago, Liverpool Lou said:

Covered at the beginning of the article...

"...has 600 million baht in the bank, property and cars".   Cash is an asset.

but not gold bullion...you know the ones... the 10kg doorstoppers painted black are the most popular so i believe.

 

Edited September 7, 2021 by wombat

[tomacht8]

2 minutes ago, VocalNeal said:

Inheritance. Obvious really.

Or wife's family.

555. Wife's family. No way.

In Thailand? As a man, you must bring money into the marriage.

 

I'm curious how this case will end.

[klauskunkel]

2 hours ago, webfact said:

immigration chief Pol Lt-Gen Sompong Chingduang, who Suchart said was in charge of examining the money trail connected to Joe

"Examining"? I think "salivating over" to be a truer expression. 

[trainman34014]

2 hours ago, Dmaxdan said:

If his assets are frozen then I'm guessing he will have no way to "buy" his freedom.

They can't freeze offshore accounts and you can bet he has one or two !

[RichardColeman]

2 hours ago, webfact said:

Much of this comes from rewards from the sale of 410 luxury vehicles that were seized as part of drugs cases and auctioned by the customs department. 

Seriously ? Nobody recognised there was something wrong when a policeman on 43,000 baht a month handles 410 luxury cars  ? Should sack the rest of the dept for turning a blind eye !

[trainman34014]

1 hour ago, shackleton said:

Why is there no mention of the assets held by the guys arrested along with him 

Can image they have more than their monthly pay would provide for ?

 

They were just young underlings he was 'Training'; learning from the Master so to speak !

[RafPinto]

36 minutes ago, tomacht8 said:

Thai customs officials say Mr Thitisant confiscated 368 such cars since 2011, which could potentially have earned him around 400 million baht.

 

So he have 600 million baht.

Where the difference aka 200 millions come from?

 

Extortion?
Drug trafficking?

Bitcoin

[Rampant Rabbit]

1 hour ago, Will B Good said:

That is the crux of the problem.

 

There is no one who "clean", so there is no one with the motivation to sort this mess out.

there  probably  is BUT it  would end their life

[Mr Meeseeks]

56 minutes ago, Will B Good said:

Wifey claims (and she is never wrong) people are paid to serve time for others. Just need a passing resemblance (and a lot of money)

No doubt. 

 

High profile criminals with warrants out for their arrest can just remain at home unperturbed, examples include Red Bull Boss (in and out of Bangkok until 2017) and Kamnan Poh, convicted murderer, Godfather of Chonburi and father of the current Mayor of Pattaya and government ministers. 

[tomacht8]

21 minutes ago, ALLSEEINGEYE said:

My guess is that he was either the head of this super car smuggling ring or part of the team heading it up. It is clearly a scam they were running to keep the cash cow flowing. Have any of the top people from this super car theft ring been arrested? This should be part of the main focus as well.

 

How do you seize 600 super cars without totally breaking up the ring itself??

It looks like Joe is the only one who had an exclusive job at the customs office there. Obviously he alone secured the 400 luxury cars and bagged all the money for all the cars on his own. Wonder why other cops weren't on this fat cake.

[Zack61]

2 hours ago, webfact said:

Whether Joe - and/or his underlings - are hung out to dry in this case remains

........ a foregone conclusion??????

 

Perhaps no need for the question marks.