Lawyer “Tum” team up with “Tam Khun” to file a complaint with the police against six executives of the “Di Icon” company for fraud. They emphasize that the company focuses on recruiting members for investments rather than selling products.
On October 11, Mr. Sittra Bhiabungkeard and Mr. Tankhun Jitissara presented evidence to the Department of Special Investigation (DSI) to prosecute six high-profile figures involved in Di Icon for fraud, illegal money lending, violations of the Computer Crime Act, and money laundering.
According to Mr. Sittra, the involved executives include various celebrities referred to as “Boss Paul,” “Boss Kan,” “Boss Sam,” “Boss Min,” “Boss Peter,” and “Boss Doctor Ek.” There is evidence indicating the business does not have tangible products and is misleading individuals to invest in an online course resembling a Ponzi scheme.
Some victims shared that those with means could have meetings with Boss Paul in luxurious settings, where investment opportunities were discussed without mentioning actual products, creating a perception of credibility. Victims have reportedly invested sums of 250,000 baht each with no products received after one year.
Mr. Sittra stated that the celebrity executives, despite claims that they are merely marketing assistants and not stakeholders, must have knowledge of the operations of the business. They argue that the way these celebrities have promoted the investment suggests complicity in deceiving the public. He expressed skepticism about claims of substantial sales from the Di Icon, suspecting it is a scheme to recruit members rather than sell actual goods.
He also mentioned that many people have suffered due to the scam, with some even contemplating suicide. He believes at least four executives are likely to face imprisonment due to the serious nature of their fraud and money laundering offenses.
Mr. Tankhun added that this business model relies on recruiting rather than selling products, suggesting that the celebrity bosses likely profited by sharing at least 10 percent of the revenue obtained from victims, which could amount to billions annually. He suspects some executives may attempt to hide the funds to evade scrutiny.
This article was rewritten from a Thairath’s news article.
