DSI Charges Four in Major Online Trading Fraud Ring
The DSI charged a Democrat MP, former entertainer, and two others in a major online trading fraud scheme involving unauthorized securities and futures trading, with plans to pursue charges against 47 suspects total.
On August 3, officers from the DSI's Technology and Information Crime Division summoned Democrat Party MP Phawut, former entertainer Film (Ratphumi), and two others to hear charges related to an online asset-trading investment scheme. All four appeared as requested to be informed of the allegations. The DSI filed six serious charges against them, including conspiracy to defraud the public through fraudulent lending and fraud, operating an unlicensed securities brokerage, conducting unauthorized futures trading, entering false data into computer systems likely to harm the public, conspiring to commit money laundering, and actual money laundering. Investigators plan to pursue charges against 47 suspects in total, with summonses already issued to 10 others. After the charges were read, the four were released without bail to allow them time to gather evidence and prepare their defense. The DSI emphasized that these charges represent only the initial investigative stage, and all suspects retain full legal rights and are presumed innocent until a final court verdict is reached.
