Thai tycoon Prasit Jeawkok was sentenced to 1,155 years in prison today (Monday), after he was found guilty of 321 counts of fraud by the Criminal Court.

 

In practice, however, the most he will serve is 20 years under Thai law.

 

Prasit and two co-defendants were each fined 145 million baht and ordered to pay 321 victims about one billion baht in compensation for the damage caused to them.

 

Six other co-defendants were, however, acquitted due to insufficient evidence.

 

#news

Full Story: https://www.thaipbsworld.com/self-proclaimed-philanthropic-tycoon-prasit-jeawkok-sentenced-to-1155-years/

 

-- © Copyright Thai PBS 2023-07-03

 

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10 minutes ago, snoop1130 said:

In practice, however, the most he will serve is 20 years under Thai law.

1,155 years notwithstanding, I'll be betting he'll be out of the pokey within 2 years or so, maybe less.

 

This is Thailand, after all, a well-known hub for financial fraud. And there's plenty of reasons it is.

 

 

That should mean he is considered for parole in August when years get traded to hours after disbursements ???? 

15 minutes ago, TallGuyJohninBKK said:

1,155 years notwithstanding, I'll be betting he'll be out of the pokey within 2 years or so, maybe less.

 

This is Thailand, after all, a well-known hub for financial fraud. And there's plenty of reasons it is.

 

 

He is an influential member of the club, after all.........he'll be released on parole in a few months after a "luxury" stay. 

That's how it works. 

They look after their own.

Off topic troll post on Bill Gates removed

10 hours ago, snoop1130 said:

Thai tycoon Prasit Jeawkok was sentenced to 1,155 years in prison today

He'll notice a few changes when he gets out!

Grease a few palms and he'll be okay.

Whilst a 32 y.o. girl I knew for 10 years was raped and murdered in Kanchanaburi by a lowlife piece of <deleted> madman and he only got 7 years. Something seriously wrong here. 

what gave them away? the promise of 40-50% return on investment? no shortage of greedy suckers apparently 

1 hour ago, Skeptic7 said:

Whilst a 32 y.o. girl I knew for 10 years was raped and murdered in Kanchanaburi by a lowlife piece of <deleted> madman and he only got 7 years. Something seriously wrong here. 

life is cheap here.

11 hours ago, zzaa09 said:

He is an influential member of the club, after all.........he'll be released on parole in a few months after a "luxury" stay. 

That's how it works. 

They look after their own.

No Bangkok Hilton?

29 minutes ago, pegman said:

No Bangkok Hilton?

Probably a more "discreet" custodial arrangement, coupled with a low profile for a while.

11 hours ago, zzaa09 said:

He is an influential member of the club, after all.........he'll be released on parole in a few months after a "luxury" stay. 

That's how it works. 

They look after their own.

and rightful, you can't put some fraudster longer in jail than rapists and murders...

The right thing would be let him pay back + more + a fee + community service...let him clean toilets for 2 month and time counts only if he is on time and the toilets perfect cleaned.

And put the real bad guys in jail

8 hours ago, stoner said:

life is cheap here.

Female life in particular, but that's something that's also not specific to Thailand.

he can shake hands then with his former friend Thaksin, who is about to come to Thailand. 

23 hours ago, zzaa09 said:

He is an influential member of the club, after all.........he'll be released on parole in a few months after a "luxury" stay. 

That's how it works. 

They look after their own.

He surely must have the KMA id card.