Eighth suspect in Ufun pyramid scheme arrested



BANGKOK: -- Another major suspect in the Ufun Store pyramid scheme has been arrested by police of charge of public fraud.

Pol Col Angkoon Klaikloeng, deputy commander of the Crime Suppression Division, said Tuesday that the suspect, Chotipat Wutthihpanpokin travelled to Malaysia on April 25 to attend a meeting of Ufun’s networkers in Malaysia and has gone into hiding after returning from Malaysia.

He said that it was difficult to trace Chotipat because he did not use smart phone. However, police investigators finally found the suspect hiding in the house of his wife in Soi Too Bon 6 in Kanna Yao district.

Police searched his wife’s house and seized some documents about Ufun’s operations.

Chotipat ranks No 14 suspect in the arrest warrant and he is the 8th suspect held in police custody, said Pol Col Angkoon.

The suspect told police that he joined Ufun prior to the setting up of a branch office in Thailand. He denied he owned any company’s shares but admitted he was just a Ufun representative controlling about 1,000 investors.

Source: http://englishnews.thaipbs.or.th/eighth-suspect-in-ufun-pyramid-scheme-arrested


-- Thai PBS 2015-05-06

"The suspect told police that he joined Ufun prior to the setting up of a branch office in Thailand. He denied he owned any company’s shares but admitted he was just a Ufun representative controlling about 1,000 investors." Yet he chose to hid from the police???

What does this have to do with it ?

<script type='text/javascript'>window.mod_pagespeed_start = Number(new Date());</script>

"The suspect told police that he joined Ufun prior to the setting up of a branch office in Thailand. He denied he owned any company’s shares but admitted he was just a Ufun representative controlling about 1,000 investors." Yet he chose to hid from the police???

What does 'controlling investors' mean?

What does this have to do with it ?

Opps, reference to this quote " He said that it was difficult to trace Chotipat because he did not use smart phone."