Picture courtesy of Khaosod 

 

The Criminal Court has handed down a landmark ruling against businessman Prasit Jeawkok, sentencing him to a combined 1,210 years in prison for operating fraudulent loan schemes, though Thai law limits the enforceable term to 20 years. The verdict underscores the scale of the offences while immediately confirming that Prasit will serve the statutory maximum sentence.

 

Prosecutors from the Economic and Resource Crime Division brought charges against Prasit, along with Nuea Lok Co, Ltd and Web Sawasdee Public Co, Ltd, accusing them of defrauding the public through illegal borrowing schemes. Prasit, formerly chairman of the “Return Goodness to the Land” project, and several associates were charged with jointly committing fraud, violating the Public Borrowing Act, and breaching the Computer Crime Act by using online platforms to lure investors.

 

The court found Prasit guilty on 242 counts of fraud, with each count carrying a five-year sentence, amounting to 1,210 years in total. His two companies were each fined 121 million baht, with the penalties later reduced to about 80 million baht following partial cooperation with authorities. Prasit’s effective sentence was also reduced to 806 years and eight months before the legal cap was applied.

 

Another defendant, identified as Wimgrit, was convicted of supporting the scheme and sentenced on 37 counts to three years and four months per count, totalling 111 years and 148 months. After reductions, Wimgrit’s sentence stood at 74 years, eight months, and 29 days, but like Prasit, he will serve only 20 years due to the statutory limit.

 

Under the ruling, Prasit and the two companies were ordered to jointly repay damages to 267 victims who suffered losses from the fraudulent investments. The case follows an earlier decision on July 3, 2023, in which Prasit was sentenced to 1,155 years in another fraud case, again capped at 20 years and ordered with associates to repay more than one billion baht.

 

Bangkokpost reported that the verdict reinforces Thailand’s approach of imposing cumulative sentences to reflect the gravity of large-scale financial crimes while maintaining a maximum prison term. Authorities are expected to continue asset recovery and compensation processes for victims as enforcement proceeds.

 

Key Takeaways

 

• Prasit Jeawkok received a combined 1,210-year sentence for fraud, capped at 20 years under Thai law.

• The court found him guilty on 242 counts and fined two associated companies up to 121 million baht each, later reduced.

• Prasit and his companies were ordered to jointly compensate 267 victims, following earlier billion-baht restitution orders.

 

Related story

 

Self-proclaimed-philanthropic-tycoon-Prasit-Jeawkok-sentenced-to-1155-years

 

 Adapted by Asean Now from Bangkokpost 2025-12-28

 

 

Now send him to the sex room in prison and give him some nice-looking ladies to play with so he not get bored.

1 hour ago, Georgealbert said:

1,210-year sentence

Yeah, no human being has ever lived that long.

So do the math. 

 

In other news .............. Rathapon Pradseartk was recently found guilty of tax fraud, LM, murder, cheating on the wife, not payin his membership dues of local football club, et all & received 2 million years in jail from the upper court !!!!

 

He can only serve 20 years !!!!!

 

What is the f%$kin point of handing down such a sentence??????   🙂 

1 hour ago, Georgealbert said:

 

The Criminal Court has handed down a landmark ruling against businessman Prasit Jeawkok, sentencing him to a combined 1,210 years in prison

Christ !!! He will be 1,262 years old when he gets out !!!!!

Ridiculous sentence..especially as Thai law only is 20 years. Give him lifetime with no parole instead of such a ridiculous sentence

Just make scamming/fraud/corruption a death sentence, best deterrent ever.

3 hours ago, Georgealbert said:

The verdict underscores the scale of the offences while immediately confirming that Prasit will serve the statutory maximum sentence.

..."Prasit will serve the statutory maximum sentence."

Unless he doesn't.

Considering all the stupid comments.

I won't bother explaining what the lengthy sentencing means.

23 hours ago, hughrection said:

Christ !!! He will be 1,262 years old when he gets out !!!!!

No, he got 400 years off the sentence so will be a sprightly 800 or so.

Probably fit in well with Pattaya crowd.

23 hours ago, save the frogs said:

Yeah, no human being has ever lived that long.

So do the math. 

 

Nay nay blasphemer (or not): according to 'the word of god in print'.... well, almost  long enough as the sentence, age wise... some got up there in the years

1. Methuselah – 969
2. Jared – 962
3. Noah – 950
4. Adam – 930
5. Seth – 912
6. Kenan – 910
7. Enos – 905
8. Mahalalel – 895
9. Lamech – 777
10. Enoch – 365
11. Keith Richards

11 minutes ago, Emdog said:

Keith Richards

 

Keith has been dead since 1995.  No one has noticed anything different about him yet.  

 

This guy will get pardoned.  Dunno when though, probably on someone's birthday.

 

On 12/28/2025 at 10:59 AM, hughrection said:

Christ !!! He will be 1,262 years old when he gets out !!!!!

But only 180 years in Dog Years!

23 hours ago, ikke1959 said:

Ridiculous sentence..especially as Thai law only is 20 years. Give him lifetime with no parole instead of such a ridiculous sentence

Wouldn't he be <deleted>ty if after 1209 years in jail he gets cancer and dies in the week that he was due to be released.

I'll bet you he's out before 2030.

 

Sadly, that's just the way it works for the rich and powerful. Especially if they know where the bodies are buried.

 

23 hours ago, lordgrinz said:

Just make scamming/fraud/corruption a death sentence, best deterrent ever.

When a person gets 1000 years for stealing money, but the owners of the illegal unsafe Mountain B nightclub where 30 people died from a fire because they could not get out, are only sentenced to a few years in jail - you can  understand the 'systemic issues' Thailand has with its laws and courts and policing.  

Imagine his relief when his term was cut to 806 years and 8 months!

On 12/28/2025 at 4:19 PM, lordgrinz said:

Just make scamming/fraud/corruption a death sentence, best deterrent ever.

Plus you do not have to spend 1,262 years in jail!!! If it was me I would immediately agree to the death sentence wouldn't you?

Are there other countries that have cumulative sentences but set a 20 year limit?

What's the point?

Some countries set a minimum number of years, which makes sense, but why this over a thousand years sentence?

My thoughts ~~ him and his businesses scammed many people with out cate of anyone. They are only sorry when they get caught. Employ strikes of the Cain like Singapore and let these folks feel the pain of what they caused others. Don't let them out of prison as well

Will Prasit get paroled after 400 years if he's well behaved while he's locked up. It makes good old Teflon Tonys jail term look very lenient.

9 hours ago, cynic1 said:

Plus you do not have to spend 1,262 years in jail!!! If it was me I would immediately agree to the death sentence wouldn't you?

No.

Where there's life there's hope 🙏 

I'm guessing there were some influential poobahs (or their family members) who lost a pile on his scams, and that's why the big numbers on the sentence.

In the US Elizabeth Holmes was in on a scam that took in a few of the rich and powerful, and I have little doubt that it influenced her sentencing,  (Personally I suspect her "boyfriend" pushed the scam when she realized her product idea wasn't going to work -- she should have come clean and admitted defeat, like failed Silicon Valley startups do in such a situation).

 

14 hours ago, PopGun said:

No.

Where there's life there's hope 🙏 

WTF!

Maybe your right! Imagine you, Popgun,  sitting in a cell with rats and cockroaches for 20 years and that's all you do. Would you after 20 years still state, "Where there's life there's hope 🙏 ". I don't think so.😁

C'mon, this is Thailand. He'll be out in six months for good behaviour.

 

Just hope he doesn't get shipped to Oilrig Alcatraz...