Crime Luxury Cars and Assets Seized in Icon Group Case Investigation

[webfact]

Picture courtesy of Daily News
 

Authorities have confiscated luxury cars and branded goods worth a total of 146 million baht for investigation in the Icon Group fraud case.

 

On 25th June, the Department of Special Investigation (DSI) reported the seizure of assets from the Icon Group case.

 

This involved 35 luxury cars, jewellery, watches, designer bags, and various properties, all suspected to be linked to fraudulent activities.

 

These items have been transferred to the Thailand Anti-Money Laundering Office (AMLO) for further inspection.

 

The case concerns charges against the Icon Group and its associates for public fraud and money laundering, stemming from investigations related to consumer protection violations.

 

Following orders to confiscate additional assets linked to these offences, the DSI and Consumer Protection Police have handed over 281 items, including vehicles and luxury goods, to AMLO.

 

Progress has also been made in the investigation of real estate assets tied to money laundering charges.

 

Properties including land and buildings, estimated at 146 million baht, have been identified and reported to AMLO for evaluation and further action.

 

Picture courtesy of Daily News

 

  Adapted by ASEAN Now from Daily News 2025-06-26

 

 

[Yagoda]

lots of dust on that Lambo

[hotchilli]

9 hours ago, webfact said:

Authorities have confiscated luxury cars and branded goods worth a total of 146 million baht for investigation in the Icon Group fraud case.

To be auctioned off to those lucky buyers.

[JellyBabies]

4 minutes ago, hotchilli said:

To be auctioned off to those lucky buyers.

or used by undercover police in the new Bangkok Hills Cop movie

[TheFishman1]

Soon will be seeingluxury cars being driven by top ranking officers TIT

[Thumbs]

Confiscated by the state but then sold in secret auctions that the public are not told about or invited to attend so that the best prices can be obtained... then we have police officers like Joe Ferrari with fleet of luxury cars

[Bday Prang]

17 hours ago, webfact said:

These items have been transferred to the Thailand Anti-Money Laundering Office (AMLO) for further inspection

Its not the items that need inspection, its the source of the money used to buy them. I imagine the sports cars will be "checked" by the senior members of many departments before they disappear