Thai celeb Baitoey granted bail in Forex-3D Ponzi scheme case for 5 million baht

Renowned singer and actress Suteewan Thaweesin, better known as Baitoey, burst into tears as the court granted her bail in the aftermath of the Forex-3D Ponzi scheme scandal.

She was instructed to wear an electronic monitoring bracelet, report to court as scheduled, and is prohibited from leaving the country. The bail was set following the submission of a 5 million baht cash security by her lawyer and brother, Charnwit Thaweesin, also known as Lux.

The bail hearing for Baitoey, the third defendant in the Forex-3D Ponzi scheme case, took place today, November 15 at 10am at the Ratchadapisek Criminal Court. This case, number 989/2566, followed an application submitted for temporary release by her brother, Charnwit, and her lawyer, Amorn Kuson, alongside a 5 million baht cash security on October 19.

Baitoey had previously applied for bail twice and both applications were rejected by the court on the grounds of potential absconding. She had been held in the Central Women’s Correctional Institution.

Following the latest court hearing, it was reported that the court had granted Baitoey bail based on the security presented by her family. After the court’s decision, the popular former singer put her hands together and raised them in a prayer position, and wept before hugging her father tightly, reported KhaoSod.

The conditions of Baitoey’s release also included the submission of a 5 million baht cash security, wearing an electronic monitoring bracelet, reporting to court as scheduled and not being allowed to leave the country.

The Songkhla-born actress won the first prize of the Panasonic Star Challenge 2002. She was then signed as a trainee artist and moved to the Thai capital to further her showbiz career. Read the original story HERE.

In related news, Thailand’s Criminal Court sentenced a Thai couple to 12,640 years in prison after finding them guilty of operating a Ponzi scheme with damages amounting to billions of baht. The court ruled that Wantanee Tippaveth and her boyfriend Metee Chinpa committed 2,528 acts of fraud between March 9, 2019, and October 30, 2020. Read more about the story HERE.