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🇹🇭 Thailand /Crime & Justice

Forex Probe Names Due Friday Amid Speculation of Politician and Star Involvement

From Bangkok Post · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • The Department of Special Investigation (DSI) will name individuals linked to an alleged illegal forex trading network on Friday.
  • Politicians and entertainment figures are reportedly implicated.
  • A list MP has denied involvement amid speculation.

Thailand's Department of Special Investigation (DSI) is set to reveal the names of individuals allegedly connected to a suspected illegal foreign-exchange investment and trading network this Friday. Reports suggest that politicians and entertainment figures may be implicated in the case. The announcement follows a significant DSI operation on Tuesday, which targeted a network suspected of soliciting investments and conducting unauthorized forex trading. Investigators are currently examining evidence gathered from 24 locations and questioning numerous alleged victims. While no arrests have been made, preliminary findings are being analyzed to determine if criminal offenses occurred. Among those reportedly under scrutiny is a well-known male actor, identified locally by the initial "F," whose residence was searched. Opposition People's Party list-MP Pawoot Pongvitayapanu, whose name has surfaced in speculation, has denied any involvement, urging the public to await official information. He stated he has never been involved in forex activities.

I have never been involved in forex activities.

— Pawoot PongvitayapanuThe list MP denied any involvement in the alleged illegal foreign-exchange trading network.
DistantNews Editorial

Originally published by Bangkok Post in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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