iCon Group CEO tearfully vows to compensate investors

[snoop1130]

 

In tears and on television, embattled iCon Group CEO Waratphol Waratvorakul vowed today to compensate investors for the losses they sustained from his e-commerce business “until the end of my life.”

 

He said he feels sorry for the investors who suffered losses, while claiming, however, that he had been totally unaware ofthe losses or that a few investors had taken their own lives because of them, adding that none of them had contacted him about their grievances.

Breaking his silence for the first time on the popular “Hone Krasae” TV talk show, hosted by Kanchai Kamnerdploy, Waratphol said that he had initially been afraid to appear on the TV program, but had changed his mind, believing that it would be more useful to speak out “while he is still alive.”

 

Photo: Thai PBS World

 

Full story: Thai PBS World

-- 2024-10-14

 

 

[CallumWK]

Why is this fraudster still on tv, and not locked up yet?

[Stocky]

19 minutes ago, snoop1130 said:

In tears and on television, embattled iCon Group CEO Waratphol Waratvorakul vowed today to compensate investors for the losses they sustained from his e-commerce business “until the end of my life.”

Lordy, the clue is on the tin!  Invest in iCon - errr no thanks.

[ukrules]

28 minutes ago, Stocky said:

Lordy, the clue is on the tin!  Invest in iCon - errr no thanks.

Yeah that name is a big red flag 🤣

[Watawattana]

Or is iCon short for I Convict?

[kickstart]

This has been on the Thai TV, almost nonstop for the past few days, he said he will repay "until the end of my life ",let's hope he live to well over 100, as he needs to pay back , allegedly 400 million baht.

[save the frogs]

the company name literally tell you they are con artists.

 

Edited October 14 by save the frogs

[lordgrinz]

He should enjoy his many years in jail, hope it was worth the short-term gain. 

[hotchilli]

11 hours ago, snoop1130 said:

He said he feels sorry for the investors who suffered losses, while claiming, however, that he had been totally unaware ofthe losses or that a few investors had taken their own lives because of them, adding that none of them had contacted him about their grievances.

Stick your Wai and crocodile tears where the sun don't shine, you conned people out of millions of baht and lived the high life.

Rot in jail where you belong.

[jippytum]

'Totally unaware of investor's  hardship '

Con man to the last.

Hope some of the investor's friends manage to visit you inside your prison. 

[ronster]

Seen him on TV yesterday giving it the big I'm so so sorry and crying, then literally a minute later sitting looking composed and switched of his hearing while those cheated had a go at him in the TV studio.

Don't know how old he is but he's certainly had a lot of plastic surgery done from looking at his face , looks like a mannequin.

I'm sure he can help pay money back by selling his several Richard Mille watches he has , some of which are over 20 million each !!

 

[roo860]

10 hours ago, kickstart said:

This has been on the Thai TV, almost nonstop for the past few days, he said he will repay "until the end of my life ",let's hope he live to well over 100, as he needs to pay back , allegedly 400 million baht.

There's been a parade of 'influencers and celebrities ' on the TV, some 'crying ' of course, Thai style, when they're all as guilty as hell!

[Bday Prang]

            Sickening to watch theses scammers on Tv .  Why are they repeatedly referred to as "Boss Paul",   "Boss this" And "Boss That"   They should be using their real names to fully identify and shame them.

            Presumably as they have plenty of money ( albeit ill-gotten) they will be granted the usual "privileges" reserved for the wealthy in situations like this, and maybe the media are worried about being accused of  defaming them.

            Whilst one might feel sorry for those who have been scammed, remember it was only their inherent sense of greed and general stupidity that lead them to trust these scum

             Thailand , land of scammers, and populated by people who appear to be queuing up to be scammed, its almost like a badge of honour for them to demonstrate their gullibility on national TV  Furthermore  due to the nature of "multi level marketing" those who were scammed were highly likely to have scammed others further down the line, normally starting with friends and family

[klauskunkel]

15 hours ago, snoop1130 said:

In tears iCon Group CEO Waratphol vowed today to compensate investors “until the end of my life.”

Drama Queen

[john donson]

forgot to take a flight out of TH? you know, to join some other fugitives

[mran66]

Not really surprised about the scam as the whole country is full of scams. And for sure none involved will admit they have done anything wrong. 

 

What is more surprising is that how can ordinary people be so stupid they take loans worth multiples of their annual incomes and spend those on stories of those scams. Tells quite a bit about the level of intelligence of those people. 

[PETERTHEEATER]

7 hours ago, ronster said:

Seen him on TV yesterday giving it the big I'm so so sorry and crying, then literally a minute later sitting looking composed and switched of his hearing while those cheated had a go at him in the TV studio.

Don't know how old he is but he's certainly had a lot of plastic surgery done from looking at his face , looks like a mannequin.

I'm sure he can help pay money back by selling his several Richard Mille watches he has , some of which are over 20 million each !!

 

I suggest he transfers the timepieces to a friend to avoid asset siezure.😋

[ronster]

36 minutes ago, PETERTHEEATER said:

I suggest he transfers the timepieces to a friend to avoid asset siezure.😋

Dead or alive friend 😂

[SmartyMarty]

I'm so sorry I deliberately ripped you all off.