A 400-file case report of UFUN's alleged pyramid scheme is ready to be submitted on Friday and police are confident that they have enough evidence to file six charges against the suspects, a senior police officer said yesterday.
Assistant national police chief Lt-General Suwira Songmetta and a 60-strong investigation team met yesterday with the Attorney-General’s Criminal Litigation Office director-general Pornsak Srinarong and 10 public prosecutors in relation to the UFUN case. The detention period for the first batch of suspects would come to an end on July 4.
Suwira said there were as many as 2,451 damaged individuals, while arrest warrants have been issued for 164 suspects – 30 of whom were arrested/surrendered. Expressing confidence that there was enough evidence to prosecute the suspects for wrongdoings in the country, Suwira said police had also notified Attorney-General Trakul Winitchayapak about their wrongdoings outside the country.
The six charges the suspects will face are: conspiring to commit public fraud via a loan plan punishable by five to 10 years in prison and Bt500,000-Bt1 million in fines; public fraud as per Article 343 of the Criminal Code punishable by a maximum term of five years and/or Bt10,000 fine; running a business that violates registration code punishable by a maximum jail term of five years and Bt500,000 fine; setting up an electronic currency without permission from the Bank of Thailand, which is punishable by one year in prison and/or Bt20,000 in fine; entering faulty or partially-faulty information online which causes damages to others, punishable by five years in jail and Bt500,000 fine; and conspiring in a trans-national crime organisation punishable by four to 15 years in prison and/or Bt80,000-Bt300,000 in fine.