Thieves steal gems worth $1 billion and disappear

[webfact]

 

A famous case has returned from 29 years ago: a phony drama involving thieves stealing two red gems worth $1 billion and mysteriously disappearing.

 

A famous case from 29 years ago involved the theft of 2 large red gems worth 1,300 million baht by 4 businessmen who were friends and bought shares together and prepared to resell to US businessmen but was betrayed by one of his partners. He cooperated with the police.to organise the arrest and seize the gem before it disappears without a trace. 29 years ago, the Supreme Court ordered the Royal Thai Police to pay 157 million baht to the victims, but until now, haven’t paid a single baht yet.

Mr. Thanyapat, one of the partners who owns the gem, said that these two red gems are owned by four friends, consisting of him, Mr. Weerachat, Dr. Sawat (now deceased), and Mr. Ek Palakawong, who together spent about 100 million baht buying them from Myanmar. Keep it in a safe at Krung Thai Bank’s headquarters in the Nana area.

 

 

Later, there was a trading contract with a foreign businessman named Mr. William, who agreed to sell at a price of 52 million US dollars. The value of Thai money at that time was 25 baht per dollar, so the price of gems was 1,300 baht in Thai money. Later, an appointment was made to pay all four people, so the gems were withdrawn from the bank.

Then take a rest and wait at the Erawan Hotel. Waiting to deliver with Mr. William That night, there were 3 people who slept over at the hotel with Ploy. namely Mr. Veerachat, Mr. Ake,and Mr. Thanyapat betrayal partner Create a drama, a big scene, the police raid, and arrest the thieves before stealing the gem and disappearing.

 

Full story: https://bangkokone.news/thieves-steal-gems-worth-1-billion-and-disappear/

 

-- © Copyright BANGKOK ONE NEWS 2023-03-17

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

[Captain Monday]

2 hours ago, ezzra said:

"Oh, what a tangled web we weave, when first we practice to deceive!" 

by the way, the article was warrened using such confusing details and bad grammar i could hardly understand who's who and who's what. 

Thai business partners tried to fleece an American for giant gems smuggled from Burma then all parties double crossed by bent cops who bailed with the loot leaving the Kingdom holding the bag for court ordered damages ?

[hotchilli]

4 hours ago, webfact said:

 the Supreme Court ordered the Royal Thai Police to pay 157 million baht to the victims, but until now, haven’t paid a single baht yet.

In those we trust.

[herfiehandbag]

37 minutes ago, Captain Monday said:

Thai business partners tried to fleece an American for giant gems smuggled from Burma then all parties double crossed by bent cops who bailed with the loot leaving the Kingdom holding the bag for court ordered damages ?

Which of course never were going to be paid.

 

Quite an accurate summary I would suggest.

[NE1]

But were they real Police ?

[steven100]

I wouldn't expect anything less to happen here when valuables are involved.

[soalbundy]

7 minutes ago, steven100 said:

I wouldn't expect anything less to happen here when valuables are involved.

Perhaps a reason for Thailand to be worried about onerous demands from the EU....like abiding by the law and court decisions.

[Tarteso]

How may I help you? 

[PETERTHEEATER]

5 hours ago, webfact said:

........so the price of gems was 1,300 baht in Thai money.......

This (above) makes me wonder what all the fuss was about????

[owl sees all]

Intriguing story.

 

Wasn't there a big gold scam in the Pattaya area some years ago (about 15), where a few farang were tempted to part with hundreds of thousands of squids to buy cheap gold? They went ahead with the get-rich-quick' scheme, only to lose all their dosh.

 

Think it made the BBC news. Then the story just died a death.

[sammieuk1]

Ruby's are red diamonds are blue how mysterious where are you ????

[ignore it]

Wot?

Amazing!  It seems the quality of writing has actually improved over the last 29 years. 

Marginally.

Edited March 17, 2023 by ignore it

[Lemsta69]

16 minutes ago, ignore it said:

Wot?

Amazing!  It seems the quality of writing has actually improved over the last 29 years. 

Marginally.

It's obviously been machine translated from Thai. You know that's a thing, right?

[khunjeff]

The story as presented is utterly incomprehensible, but I'm pretty confident that gems selling for $52 million are not "worth $1 billion".

[klauskunkel]

6 hours ago, webfact said:

 there were 3 people who slept over at the hotel with Ploy

If you have a sleepover with Ploy, expect things to happen...

[metisdead]

An off topic post about the Blue Diamond affair has been removed.

 

Some troll posts and the replies have been removed.

[owl sees all]

4 hours ago, khunjeff said:

The story as presented is utterly incomprehensible, but I'm pretty confident that gems selling for $52 million are not "worth $1 billion".

Insurance?!

[placnx]

8 hours ago, realfunster said:

Yes, indeed. I made a comment on this news/content ‘source’ yesterday regarding their very poorly written, if not incomprehensible content, they need to improve and quickly….

 

It’s also embarrassing for AseanNOW and disrespectful to members for them to be sharing such extremely poor content. Sort it out AseanNOW !

Maybe Google Translate was used without editing.

[JimmyJ]

"The value of Thai money at that time was 25 baht per dollar, so the price of gems was 1,300 baht in Thai money."

 

52 million in gems sold for 1,300 THB.

 

Makes no sense, but neither does anything else in the OP.