“Boss Paul” visited the Central Investigation Bureau with his legal team, expressing his intention to prove his innocence amidst allegations related to the “The iCon Group Co., Ltd.” He acknowledged the sadness over incidents involving victims and fatalities and stated intentions to settle disputes credibly. Following his appearance, other celebrities, including “Sam Yuranun” and “Min Peachaya,” met with authorities voluntarily to show goodwill, as the investigation revealed nearly 488 victims with losses totaling 178 million baht.
Allegations Against The iCon Group
Victims have been filing complaints against The iCon Group for running what seems like a Ponzi scheme by enticing investments without selling legitimate products, using famous celebrities to gain trust. So far, 120 complaints have been lodged with damages exceeding 95 million baht. The scheme allegedly involved encouraging members to recruit others to recover losses. It raises concerns about possibly violating public loan and fraud laws.
Investigation Developments
The Crime Suppression Division (CSD) has deployed personnel to investigate nine sites linked to the company to collect evidence, aiming to substantiate claims against the organization. The significant rise in victims and complaints has warranted intensified investigative efforts.
Victims’ Accounts
A victim revealed losing 2.5 million baht, lured by promises of quick returns and celebrity endorsements. Victims are coming forth with similar stories of financial loss, reinforcing the urgent need for transparency and justice.
Cease and Desist Efforts From Involved Celebrities
Prominent figures, such as “Kant” Kantathavorn, emphasized they are not investors or owners in the iCon Group but rather media contractors who have already canceled their contracts due to the alarming developments.
Administrative Actions and Public Awareness
Police have increased resources to handle the influx of complaints from victims nationwide, underscoring that individuals can report cases at their local precincts. The investigation’s partnerships involve various agencies to ensure a comprehensive approach toward justice.
Importance of Evidence Collection
Authorities are focusing on gathering detailed witness testimonies and documentary evidence to assess the extent of the fraudulent activities by The iCon Group, ensuring no details are overlooked.
Conclusion of Investigation Procedures
“Boss Paul” was temporarily released after providing testimony without being formally charged, as comprehensive evidence collection is still underway. The case continues to develop as authorities sift through allegations involving multiple individuals and possible legal ramifications.
This article was rewritten from a Thairath’s news article.
