Elderly man 20 million baht in debt after employer’s deception

[snoop1130]

 

An elderly man faces destitution after being deceived by his employer, leading to a debt of 20 million baht and the seizure of his elderly pension, leaving him with no money for food.

 

A member of the local administrative organisation, 46 year old Phongchai reported that a local had been entangled in a bankruptcy case, resulting in a debt of over 20 million baht.

 

The man in question, 63 year old Boonyuen Jumlee from Chachoengsao province, revealed that his monthly elderly pension of 600 baht, which he has been receiving for the past three years from the Tha Takiap local administrative organisation, has been accumulating in his Bank for Agriculture and Agricultural Cooperatives (BAAC) account, totalling more than 20,000 baht.

 

However, the funds were inaccessible due to an asset freeze by a legal order from the enforcement office following the bankruptcy case.

 

Boonyuen explained that he received a summons for a central bankruptcy case at the end of May, involving himself and the Revenue Department. This follows the asset protection announcement.

 

He expressed his distress, saying he is severely stressed and physically unwell, suffering from back pain and swollen legs, making it difficult to walk. Seeking advice from Phongchai, he lamented that he and his wife were on the brink of starvation, with no rice to cook, hoping only to get his rightful pension to buy food.

 

Boonyuen recounted taking up construction work in Chanthaburi province over a decade ago. He agreed to put his name forward as a contractor, only to find himself wrongly indebted to the Revenue Department for over 20 million baht.

 

Documents were submitted to relevant agencies, including the enforcement office in Chachoengsao, but there has since been no progress.

 

Boonyuen pleaded for help, stating that he is now forced to skip meals and is physically unwell. He can no longer find work due to his condition. He resignedly remarked that if he must face imprisonment, so be it, but for now, he just needs enough money for food and basic sustenance, reported Khaosod.

 

By Ryan Turner

Image courtesy of Khaosod

 

Source: The Thaiger 2024-06-07

 

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[ikke1959]

Mistakes are being made everywhere. Unfortunately for this man his pension is frozen, however therr are again questions. He could get his pension till May, a ridiculous low amount. But ok...why now suddenly a lack of food and not 2 years ago? I must be missing something

[hotchilli]

13 hours ago, snoop1130 said:

He agreed to put his name forward as a contractor, only to find himself wrongly indebted to the Revenue Department for over 20 million baht.

Never ever sign up for anything with a Thai business

[Tarteso]

Any Philanthropic Danish out there ? 🤔

[klauskunkel]

9 hours ago, ikke1959 said:

But ok...why now suddenly a lack of food and not 2 years ago? I must be missing something

Yes, you missed this:

15 hours ago, snoop1130 said:

Boonyuen explained that he received a summons for a central bankruptcy case at the end of May, involving himself and the Revenue Department. This follows the asset protection announcement.

 

[FruitPudding]

How did he get in 20 million baht of debt though??

[Thingamabob]

38 minutes ago, FruitPudding said:

How did he get in 20 million baht of debt though??

He was conned into allowing his name to be put forward as the owner of a contracting company which was, it turned out, 20 million baht in debt.

[Korat Kiwi]

So over 10yrs ago he put his name forward as a contactor.  Then he was incorrectly indebted to the tune of 20 million to the tax man. 

 

How does one become incorrectly indebted?  You'd think that would be pretty easy to sort. 

 

Did he not know about the court case where the legal ruling was made?  If he was named surely he would have been informed. 

 

To many holes in this story. 

[john donson]

20 million in tax x 13 then that someone made and not pay tax? 

[BangkokReady]

On 6/8/2024 at 6:37 AM, hotchilli said:

Never ever sign up for anything with a Thai business

 

Or really any liability for anyone ever.

[BangkokReady]

On 6/8/2024 at 2:59 PM, Korat Kiwi said:

So over 10yrs ago he put his name forward as a contactor.  Then he was incorrectly indebted to the tune of 20 million to the tax man. 

 

How does one become incorrectly indebted?  You'd think that would be pretty easy to sort. 

 

Did he not know about the court case where the legal ruling was made?  If he was named surely he would have been informed. 

 

To many holes in this story. 

 

He was probably duped. So he is correctly indebted, but someone tricked him into signing something.

 

Not a lot you can do unless you can prove it was fraud or something.

[John Drake]

On 6/7/2024 at 4:39 PM, snoop1130 said:

Boonyuen explained that he received a summons for a central bankruptcy case at the end of May, involving himself and the Revenue Department. This follows the asset protection announcement.

 

If they are willing to go to these lengths to take this guy's 600 baht per month pension, imagine what Thai IRS will do to get their hands on the tax on expatriates' worldwide income.

[Chris Daley]

What mean old git sitting on 20 million.  Never thought about your kids tuition fees?  What about their rent?  New uniform?  Lesson learned.