Police probe Mae Tuck’s gold shop for money laundering
Police are set to investigate the gold shop business of Kornkanok Suwannabut, known on social media as Mae Tuck, to determine if it is being used as a front for money laundering.
Kornkanok and her husband Kanpol face accusations of selling jewellery with less gold content than advertised during livestream sessions on her social media platform. Kornkanok has reportedly stated that the jewellery business belongs to her husband.
Hundreds of customers have flocked to the couple’s gold shop in Bangkok, demanding refunds for their purchases. The shop, however, has insisted on offering full refunds only if customers return the purchased items along with the gifts included in their merchandise packages.
The Anti-Money Laundering Office (Amlo) announced that it will investigate whether the gold ornaments sold by Mae Tuck during her online presentations are genuine.
Wittaya Neetitham, the director of Amlo’s legal department, commented on Kornkanok’s unusually high financial status. He stated, “The Amlo will check if the woman in question is involved in money laundering or not.”
The case is also being investigated by the Consumer Protection Police and the Office of the Consumer Protection Board, with Amlo expecting to receive more information from these agencies, reported Bangkok Post.
Amlo will also examine whether any assets linked to Kornkanok and her husband might have been acquired illegally. Wittaya noted that the office could seize any assets suspected to have been illegally obtained if there is sufficient evidence to support money laundering charges.
In related news, Thai police revealed that an online gold seller is facing multiple charges following complaints from customers. They allege the gold sold was falsely advertised as 99.99% pure. Police are currently investigating to determine the full extent of the allegations.
Police Major General Wichaya Sriprasertphas, head of the Consumer Protection Police Division (CPPD), stated that the police are working in conjunction with the Office of the Consumer Protection Board (OCPB) to examine the gold sold by Mae Tak Korakarn Suwannabut.
