Thai police seize assets in high-profile public fraud investigation

Thai police traced a luxury car linked to the case of Kornkaknok Suwanbutr, known as Mae Tuk, confirming it remains within the country. Police also seized gold from her residence and are preparing to report the case to the Anti-Money Laundering Office to investigate the financial trail and assets involved.

Police recently searched the home of Mae Tuk and Kanpon Ruangaram, known as Pa Beer, and subsequently detained them for questioning at the Consumer Protection Police Division (CPPD). They face multiple charges, including public fraud, entering false or misleading computer data that could harm the public, unfair advertising practices, and intentionally causing misunderstandings about the origin, condition, quality, or essential characteristics of goods or services.

Both individuals appeared visibly stressed and denied all allegations. Investigators have opposed bail and plan to send them to court tomorrow. The police, led by Major General Witthaya Sriprasertphap, obtained three arrest warrants and two search warrants, leading to the capture of the accused. Both Mae Tuk and Pa Beer have not provided any statements at this stage.

This case has a significant public impact. Though only two victims have come forward, many more are believed to be affected but have not yet reported to the police. Investigators will oppose bail and expect to hold them in custody at the Criminal Court tomorrow, with the decision on bail left to the court’s discretion. Tonight, both will remain in the detention room.

Among the evidence seized from Mae Tuk’s house was a safe and four registered firearms. Police have gathered substantial documentation, although its details are not yet disclosed to avoid compromising the investigation. Some gold was also confiscated.

Maj. Gen. Witthaya clarified that despite rumours of luxury cars being moved to Aranyaprathet in Sa Kaeo province, the police have monitored these assets closely from before the issuance of the arrest warrants. There is no evidence suggesting the luxury cars have been moved out of the country.

Assets seizure

The case will be reported to the Anti-Money Laundering Office to trace the financial and asset trails, as this case involves public fraud. Evidence related to money laundering is currently under examination, reported KhaoSod.

Police are expanding the investigation to include accounts and individuals involved in product reviews to determine their awareness or involvement in the fraudulent activities. Preliminary findings suggest that participating in live reviews may constitute unfair consumer advertising. Police are committed to ensuring justice for all parties involved.