Economic Crime Suppression Division police probe “MORE” share trading

[snoop1130]

 

Eleven securities companies sought help from the Economic Crime Suppression Division (ECD) police today (Wednesday) by investigating the unusual trading in shares in More Return Company (MORE) last week, costing them about 4.5 billion baht in settlement defaults.

 

MORE stock, worth about 7.1 billion baht, was traded, mostly through margin buying by a handful of investors, on November 10th, which was considered unusual. The buyers defaulted on the stocks trade settlements on Monday, when the Stock Exchange of Thailand (SET) suspended trading in MORE shares.

 

Pol Maj-Gen Putidet Boonkrapue, commander of the ECD, said he has been instructed by the commissioner of Central Investigation Bureau to look into the case.

 

Full Story: https://www.thaipbsworld.com/economic-crime-suppression-division-police-probe-more-share-trading/

 

-- © Copyright Thai PBS 2022-11-16

 

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[hotchilli]

16 hours ago, snoop1130 said:

Pol Maj-Gen Putidet Boonkrapue, commander of the ECD, said he has been instructed by the commissioner of Central Investigation Bureau to look into the case

He's gonna be very busy.