Man Arrested in Bangkok After Embezzling 41 Million Baht from Buddhism Foundation

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Bangkok – A man was arrested in Bangkok after he admitted to having embezzled 41 million baht from a Buddhism foundation.

The Thai Crime Investigation Bureau (CIB) told TPN media that they have arrested a man identified only as Mr. Chaloam, 52, at a condominium in Bang Kapi, Bangkok. The arrest followed after an arrest warrant was issued from the Central Criminal Court for Corruption and Misconduct Cases in September of last year, 2022.

 

Chaloam is pleading guilty as a staffer in a government organization or government office, of being guilty of violating the Financial Businesses Act, and theft. Mr. Chaloam has fully admitted the accusations, say the CIB.

 

By Goongnang Suksawat

 

Full story: THE PATTAYA NEWS 2023-09-23

 

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[KannikaP]

That's only a million quid. Chicken feed to these Buddhists.

[stoner]

only 41 ? seems he is a  small fish compared to other recent scandals. 

[2baht]

No merit for you, Mr. Chaloam!

[Emdog]

"I was just helping them with their vows of poverty, officer!"

[spidermike007]

Chaloam is pleading guilty as a staffer in a government organization or government office. Ha! One more reason to never trust the government. as if we needed another one. 

[TallGuyJohninBKK]

"He and other suspects who were not yet fully identified by the CIB embezzled 41,045,966.67 baht from the foundation."

 

That would be interesting, to learn who else was in on the Buddhist foundation scamming/skimming -- not that we're likely to hear more about it from the police anytime soon.

 

[brianthainess]

Any government sponsored handouts are ripe for the pickings, including the millions handed out to temples every year. 

[hotchilli]

3 hours ago, KannikaP said:

That's only a million quid. Chicken feed to these Buddhists.

Embezzling a ponzi scheme

[Deserted]

He will get 10 years or more for that most likely. 

[tandor]

14 hours ago, Deserted said:

He will get 10 years or more for that most likely. 

reduced to one year

[Cardinalblue1958]

He won’t serve enough time to what he stole….BS in the Thai legal system of getting time reduction b/c you admit your crime….why should that matter? Never fully accountable 

[khaowong1]

I'm surprised he didn't take a runner.  But I"m guessing he had to grease a few palms for this money, so probably he got only about half that.  

 

[steven100]

It's what thais do naturally.