Connect with us


UFUN woman surrenders to police over alleged B20bn scam



UFUN woman surrenders to police over alleged B20bn scam | Thaiger


– Thailand news selected by Gazette editors for Phuket’s international community

UFUN woman surrenders to police over alleged B20bn scam
The Nation / Phuket Gazette

PHUKET: Another Thai woman accused of being involved in the allegedly fraudulent UFUN Thailand scheme surrendered to assistant national police chief Suwira Songmetta and the Consumer Protection Police Division yesterday.

Hansa Thara-bundit said she surrendered to express her sincerity and show she had no intent to flee. She said she had just returned from running errands in Surat Thani.

The 36-year-old is among 12 people facing charges of obtaining loans in a fraudulent manner that cheated the public. Six of the 12 are now in custody.

Ms Hansa claimed that documents indicating she was linked to UFUN was the result of her 41-year-old sister, Namonpan Thara-bundit, using a photocopy of her ID card to open an investment port in UFUN and registering her as a partner in the company.

She said she found out later but didn’t say anything because she didn’t think it would be a problem.

She admitted, however, that she was interested in the business and attended a number of related events with Ms Namonpan. She also opened a bank account in her name for Ms Namonpan to manage transactions.

“I didn’t get money from [the company] and wasn’t involved with the company,” she insisted, adding that 500,000 baht police had found came from her husband’s cell-phone business. She said they also sold medical equipment and had construction businesses.

After the scandal surfaced this month, four men were arrested and then Ms Namonpan was apprehended on Thursday while trying to leave Thailand via the border province of Nong Khai.

On Friday, Lt Gen Suwira led officials to search Hansa’s house in Pathum Thani’s Lam Luk Ka district and seized two cars and a safe box.

Police were yesterday scheduled to transfer 10 seized cars and seized assets worth Bt100 million to the Anti-Money Laundering Office so it cold further probe the case.

No plan to shut website

Gen Suwira said police wouldn’t close the UFUN website because the firm would use that as excuse to not pay its members.

The Criminal Court yesterday refused to grant Ms Namonpan bail after she offered 3mn baht as surety. She had 9,000 shares in the company, making her a key suspect in an alleged fraud that caused huge damage to others and an escape candidate.

Ms Namonpan, who denied any wrongdoing, will be held at the Central Women Correctional Institution in Bang Khen pending the police investigation until April 29 in her first 12-day detention period.

UFUN was registered to operate as a direct-sales company, but sold U-Token electronic investment units instead and allegedly swindled 100,000 people out of 20 billion baht, police said.

In related news, gay rights activist and UFUN member Natee Teerarojpong said he wanted to meet with national police chief Somyos Poompanmuang because the activist did not believe it was a fraudulent scheme. Mr Natee insisted the company’s trades were done on a voluntary basis and were still ongoing.

He urged the authorities to ensure proper treatment of the many Thais who were members of the company.

Mt Natee said he wanted to tell Gen Somyos that Thais applied for UFUN memberships because they were confident in the Office of the Consumer Protection Board’s decision to approve the firm.

He said members had been mentally scarred by the ordeal and did not deserve to be charged with fraud because they didn’t cheat anyone.

The firm was still operating and no one had been adversely affected, so it should not be called fraud.

Mr Natee also said UFUN executive chairman Dato Daniel Tay, of Malaysia, had affirmed via YouTube that the company didn’t operate a pyramid scheme and had no intention of cheating the public. So, police should give it a chance to prove that.

He said he began investing in UFUN last August and his portfolio with the company had expanded to 2.6 million U-Tokens worth 13mn baht after a capital outlay of 35,000 baht.

He said he could withdraw the money anytime but he didn’t because he believed in the business.

— Phuket Gazette Editors


Get more from The Thaiger

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Archiving articles from the Phuket Gazette circa 1998 - 2017. View the Phuket Gazette online archive and Digital Gazette PDF Prints.

Follow Thaiger by email:

Video3 hours ago

Siam Paragon Bangkok International Fashion Week 2022

Thailand6 hours ago

Thailand News Today | Flash flooding to hit every region of Thailand

Thailand6 hours ago

Off-duty officer fires shots & fights with Bangkok cabbie

Sponsored14 hours ago

Starting a business and obtaining SMART Visa in Thailand is easy with Startup Booster

Thailand6 hours ago

Venomous snake emerges from parcel at sorting office in Thailand

Technology6 hours ago

Line Man Wongnai now Thailand’s largest tech startup

Thailand7 hours ago

Customer buys brand new Honda PCX motorbike with coins in eastern Thailand

Join the conversation on the Thaiger Talk forums today!
Drugs7 hours ago

Drug chase ends in flipped car, 6 million spilled Yaba pills

Thailand8 hours ago

169 Thai police officers dismissed for serious violations

World8 hours ago

Edward Snowden received Russian citizenship

Thailand9 hours ago

American told to stop riding go-kart in Chiang Mai

Thailand9 hours ago

Thailand legalises abortion up to 20 weeks

Coronavirus (Covid-19)10 hours ago

Nasal spray to prevent Covid hits stores October 1

Crime10 hours ago

China backs Philippines online gambling crackdown

Crime10 hours ago

Foreign gang allegedly extorts Russian couple of crypto worth US$50k in Thailand

Events12 hours ago

Meatfest will host meat cooking and eating contests in Pattaya

Thailand1 year ago

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

Thailand2 years ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism2 years ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket2 years ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism2 years ago

Phuket Thai food treats you need to try | VIDEO

Thailand2 years ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism2 years ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand2 years ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand2 years ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand2 years ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand2 years ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand2 years ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand2 years ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand2 years ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand2 years ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11