160 million baht luxury cars, watches seized from iCon Group TV host

Photo via Instagram/ @kankantathavorn

Police confiscated the assets of 18 leading members of the iCon Group following fraud accusations, with over 160 million baht worth of seized assets belonging to TV host Kan Kantathavorn, including luxury cars and watches.

Following the investigation into the alleged fraud and Ponzi scheme involving the iCon Group, much attention is focused on the well-known television host Kan, who frequently showcased his luxurious lifestyle on social media. Kan often shared images of his special watches and cars on his Instagram account.

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Additionally, his YouTube channel featured the lavish lifestyle of his wife, Iyada “Ploy” Kantathavorn. In one video, Ploy revealed to her followers that she turned on the air conditioning just for her designer bags every day.

Among the 23 high-end cars seized in this case, two are owned by Kan, including a Ford Mustang Coupe valued at approximately 2 to 3 million baht, and a Porsche Cayenne worth around 7 million baht. The Porsche was a gift Kan had previously given to his wife.

In addition to the luxury cars, Kan owned 35 limited-edition watches valued at over 160 million baht. The brand Kan owned the most was Patek Philippe, with the most expensive being the Patek Philippe Grand Complication Sky Moon, valued at about 13 million baht.

Other luxury watches in his collection included a Patek Philippe Grand Complication Diamond Platinum (12 million baht), a Richard Mille (11 million baht), and a Patek Philippe Perpetual Calendar Chronograph (10 million baht).

The Facebook page of watch enthusiast, BangkokWatch No.1, noted that Kan owned numerous high-end watches. Interestingly, despite his extensive collection, he often wore a relatively modest timepiece—the Swatch x Omega x Snoopy Limited Edition, priced at only 14,900 baht.

Channel 7 reported that Kan withdrew 1.8 million baht from his account on October 15, just hours before the Anti-Money Laundering Office temporarily seized the assets of him and other leading members of the company for up to 90 days.

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In the latest update on the case, the 18 arrested suspects are only the first group involved. Officers are expected to arrest more suspects as the investigation into the financial transactions continues.

ThaiRath reported that Kan, along with two other celebrities, Peechaya Wattanamontree and Yuranunt Pamornmontri, requested bail last night but were denied.

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Petch Petpailin

Petpailin, or Petch, is a Thai translator and writer for The Thaiger who focuses on translating breakingThai news stories into English. With a background in field journalism, Petch brings several years of experience to the English News desk at The Thaiger. Before joining The Thaiger, Petch worked as a content writer for several known blogging sites in Bangkok, including Happio and The Smart Local. Her articles have been syndicated by many big publishers in Thailand and internationally, including the Daily Mail, The Sun and the Bangkok Post. She is a news writer who stops reading news on the weekends to spend more time cafe hopping and petting dwarf shrimp! But during office hours, you can find Petch on LinkedIn and you can reach her by email at petch@thethaiger.com.

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