Crime CIB Tracks Down Herbal Drink Investment Scam

[Georgealbert]

 

Picture courtesy of Naewna.

 

The Central Investigation Bureau (CIB) have finally successfully dismantled a fraudulent investment scheme involving a herbal tonic known as “Tiger Power Liquid,” arresting the last, key suspect who managed the company accounts.

 

The Economic Crime Suppression Division (ECD) of the CIB, under the supervision of Pol Gen Jirapop Puridech, with Pol Maj-Gen Thatphoom Jaruprat, Pol Col Wijak Tarom, and Pol Col Krit Worathat leading the operations, apprehended 32-year-old Thawin under an arrest warrant issued by the South Bangkok Criminal Court.

 

The suspect faces multiple charges, including fraud, fraudulent loan solicitation and computer-related offences involving falsified or misleading information likely to cause public harm.

 

The case dates back to 2015 when victims were persuaded to invest in Siam Agel Co. Ltd., which sold a herbal health drink marketed as a strength-enhancing tonic. Investors were approached directly, via Line messaging app and through word-of-mouth. Promises included high returns of 20–40% per month or 240–480% annually, paid every 15–30 days. Incentives such as overseas trips and gold bars were also offered. A dedicated website, www.siamagel.com, was created to convince investors of the company’s legitimacy.

 

Initially, some returns were paid to lure further investment. However, payments eventually stopped, and the company closed, with the perpetrators disappearing. Victims reported losses in the millions of baht. Investigators collected evidence and obtained arrest warrants for the ringleaders.

 

Prior arrests had been made of two accomplices, leaving Thawin, the company director and account holder, at large for years. Authorities tracked him down in Nakhon Phanom province, where he was working as a tractor salesperson. He was arrested on Na Kae–Sakon Nakhon Road in Na Kae district and handed over to investigators for legal proceedings.

 

The CIB warned the public to be cautious of investment schemes promising unusually high short-term returns. Scammers often pay initial returns to build trust before ceasing payments and avoiding responsibility, causing victims significant financial loss.

 

 

  Adapted by Asean Now from Naewna 2025-09-08