Assets of convicted ex-cop “Joe Ferrari” confiscated by Thai Anti-Corruption Commission

[hotchilli]

16 hours ago, snoop1130 said:

The NACC has found grounds for guilt against the ex-cop after resolving that he is “abnormally” rich with more than one billion Baht in assets, including houses, supercars, and many others, Isranews reported.

Christmas is coming, the goose is getting fat.

[hotchilli]

16 hours ago, mahtin said:

All assets will be returned to the state, according to Isranews.

 

What will the state be doing with all those flash rides?

Who runs the state... there's your answer.

The spoils will be shared around, rich pickings for other corrupt officials.

[hotchilli]

16 hours ago, tomazbodner said:

Redistributed to Frank Lamborghini.

Didn't he play for Arsenal?

[Purdey]

Usually the assets of the unusually rich will be sold off at a public auction and the money goes into the government coffers.

I doubt he will be bankrupted. They will decide which part of his assets are in excess of what a policeman holding his rank could afford. 

Anyway, he might not be in prison long. In the land of opportunities, even a heroin smuggler can become a powerful political figure. 

[Liverpool Lou]

18 hours ago, mahtin said:

All assets will be returned to the state, according to Isranews.

 

What will the state be doing with all those flash rides?

Selling them at auction.

[Liverpool Lou]

17 hours ago, bang saen guy said:

Surely they will leave him a house in which to live and cars to drive. This is too funny

He has no more need of a house.

[mahtin]

Ah, the government coffers.

As in "coff coff?'

[Liverpool Lou]

17 hours ago, ThailandRyan said:

What will they do with all of his foreign properties he probably has hidden...

They'll probably ask you for the full details of those assets as your post suggests that you know all about it.

[Liverpool Lou]

16 hours ago, herfiehandbag said:

He and his "team" have had several months to put the assets beyond reach.

No, they haven't, they were seized/frozen a long time ago.

[Liverpool Lou]

16 hours ago, Freed1948 said:

Waiting on the follow up story of who got what.

Follow the auction.

[Liverpool Lou]

14 hours ago, bang saen guy said:

Not seen him with my own eyes but friends have several times. Not in jail. Never will be

Garbage.

[ThailandRyan]

9 minutes ago, Liverpool Lou said:

He has no more need of a house.

Sure he does, he will possibly be out in 5 to 7 years on a pardon. Did you not read the article I linked in an above post.

[Tengu]

At first I thought NACC stood for Nation Association of Convicted Cops but then I said to myself-- No, that can't be cops don't get convicted, they get reassigned to inactive posts for a year before promotion.

[LudwigK]

He only is the Manager of the deposits????????????????

[Liverpool Lou]

5 minutes ago, ThailandRyan said:

14 minutes ago, Liverpool Lou said:

He has no more need of a house.

Sure he does, he will possibly be out in 5 to 7 years on a pardon. Did you not read the article I linked in an above post.

Yes, I did read your link to a "may", "if" speculative article.  

[LALes]

Prawit in line for some new watches?

[BarraMarra]

He will be most likely hop on a private jet and jet off to join the Red Bull heir.

[Kwaibill]

19 hours ago, mahtin said:

All assets will be returned to the state, according to Isranews.

 

What will the state be doing with all those flash rides?

Auctioned off I expect. Hopefully more or less open to the public.

[Rhys]

Really out of jail, walking about, enjoying the air he breathes...?

[MrJ2U]

Should be easy.

 

Probably same joint bank account. 

[paul1804]

Sadly Ferrari Joe isn't the only rather well off cop, when is Thailand going to get real about all of this BS corruption and make the Forces accountable????

 

And I wonder how transparent the auction will be and who will really be the beneficiary's ?? Joe will get a reduced sentence for good behaviour and out an about in no time, mark my words. 

[Freed1948]

6 hours ago, Liverpool Lou said:

Follow the auction.

You mean the action.

[blueCloud888]

21 hours ago, cnx101 said:

Or Big jokeMassarati excuse my spelling 

So, I guess, nothing again for cheap charlie Fiat !

[Artisi]

On 11/1/2022 at 9:25 PM, mahtin said:

All assets will be returned to the state, according to Isranews.

 

What will the state be doing with all those flash rides?

They will find a few "dead friends" to give them away to deserving government ministers. 

[Artisi]

On 11/1/2022 at 11:25 PM, ThailandRyan said:

You mean from behind bars? Has he not been locked away and is not out on appeal?

Easily arranged from inside, would think he has plenty of capable helpers on the outside along with sufficient inside support to facilitate what ever is required. 

Money wouldn't be a problem to ensure things were sorted. 

[Liverpool Lou]

12 hours ago, Freed1948 said:

18 hours ago, Liverpool Lou said:

Follow the auction.

You mean the action.

No, I didn't.

[Freed1948]

10 hours ago, Liverpool Lou said:

No, I didn't.

Oh well. I guess it's all up to me then.

[Liverpool Lou]

1 hour ago, Freed1948 said:

Oh well. I guess it's all up to me then.

Guess so.

[Skipalongcassidy]

Thai Anti-Corruption Commission... isn't this a great example of an oxymoron