The Police Chief of Thailand (พล.ต.อ.กิตติ์รัฐ พันธุ์เพ็ชร์) provided updates on the ongoing investigation into the “The Icon Group” case, which has caused damages exceeding 2,046 million baht. Authorities are searching 11 locations for additional evidence. As of now, the second round of arrest warrants has been issued; however, “Ploy”, the wife of the main suspect, is not listed and there is no evidence she has fled the country.
On October 22, 2024, it was reported that around 50 victims showed up to file theft reports, bringing the total to 6,979 individuals filing claims across the country, linking to the significant financial loss registered in the complaint system. Currently, 18 suspects are in custody, while investigations into financial trails and accounts are ongoing.
Investigators are trying to determine if the new evidence gathered from the 11 search locations will lead to further charges. If evidence implicates anyone, even at higher levels, appropriate legal actions will be taken. There are also discussions to reassess the victim’s status, as some who claimed victims may be classified as suspects based on testimonies.
The police clarified the identity verification concerning “Boss Paul,” confirming he is Thai. They also addressed media questions regarding complaints about police misconduct, asserting that investigations are thorough and meant to meet legal standards, thus avoiding any potential wrongful accusations against the police.
Regarding the issue of a 1 million baht transaction involving a prominent monk, the police chief stated that this would be monitored closely, and suspects’ assets worth over 400 million baht have already been seized as part of the ongoing investigation. There are currently no confirmed links between the “The Icon Group” and online gambling sites, and the investigation into allegations of cryptocurrency transaction manipulations is underway, with a warning to influencers to verify facts before public statements to avoid misinformation.
The police emphasized that any attempts to hide assets would only highlight illicit activities connected to the case, and they aim to conclude the investigation within 48 days as legally required. Additionally, they are reviewing security footage as part of their effort to combat money laundering aspects in the case.
This article was rewritten from a Thairath’s news article.
