An acquaintance of mine on Phuket has just told me that some friends of his in Pattaya have had their companies investigated by the government and their houses sequestrated.

Now, bearing in mind anything you hear here you must take with a very large grain of salt - does anyone know of any instance of this? Even one?

Haven't heard anything yet, and I have a few friends with inside info on what happens at Land and House department...

The law gives a period of time to get one's house in order ( pardon the pun ). I think we would have heard of this if it was true. Samui a better target when and if this ball ever gets rolling.

The FBA has been in circul;ation for some 30+ years and there has not been one case of anyone or entity punished under this law. Don't think the whole story has been told or it is mere fabrication. Allegedly.

What is it about this place makes people come up with this stuff? Nice enough chap, and not 'bar conversation'.

As you were. No need for alarm.

An acquaintance of mine on Phuket has just told me that some friends of his in Pattaya have had their companies investigated by the government and their houses sequestrated.

Now, bearing in mind anything you hear here you must take with a very large grain of salt - does anyone know of any instance of this? Even one?

Certainly 'Investigations' are ongoing into all foreign owned businesses regarding nominees, but the time limit for reporting/action is well off, so maybe they are just under investigation and have reported their status and scaremongering as a result?