Bangkok, February 8, 2016 ?? The SEC has filed a criminal complaint with the Economic Crime Suppression Division of the Royal Thai Police (ECD Police) against Richard Dunston Malpass, a British nationality, on account of operating securities business without license.? Several foreign investors informed the SEC that Mr. Malpass, who resided in Thailand, had solicited them to transfer their pension funds from overseas to make investment based on his advice for the sake of tax benefits and long-ter...
Bangkok, February 10, 2016 ? The SEC has filed a criminal complaint with the Economic Crime Suppression Division of the Royal Thai Police (ECD Police) against Global Consultant Co., Ltd. and Neil Arthur Robbirt, a British citizen, on account of jointly operating securities business without license.The SEC has been informed by foreign investors residing in Thailand that Global Consultant ? located at 235/15, Sukhumvit 31, North Klongtan Sub-district, Wattana District, Bangkok ? and Mr. Robbirt so...
Bangkok, May 18, 2016 ? The SEC has filed a criminal complaint with the Department of Special Investigation (DSI) against four manipulators of the price and trading volume of The Union Mosaic Industry Public Company Limited (UMI) shares, namely (1) Ms. Paweena Laowiwatwong, (2) Mrs. Punnaporn Laowiwatwong, (3) Ms. Warunya Laowiwatwong, and (4) Mr.Trairath Treeratpant.Following the Stock Exchange of Thailand (SET)?s referral, the SEC?s further investigation has revealed that Paweena, then preside...
Bangkok, February 15, 2013 ? The SEC filed a criminal complaint against Sopana Janeborvorn, a former mutual fund manager who was then responsible for the operations of Kasikorn Asset Management Co., Ltd. (K-Asset) and SCB Asset Management Co., Ltd. (SCBAM), as well as the equity funds managed by both companies. Evidence indicated that she had performed her duty dishonestly in order to obtain unlawful gains for the benefit of herself and others, in violation of Section 311 of the Securities and...
Bangkok, February 20, 2013 ? The SEC filed a criminal complaint with the Economic Crime Division of the Royal Thai Police (ECD Police) against three unlicensed derivatives business operators, namely PT Millennium Penata Futures, Ascot Global Trading Ltd., and J.R.A. Business Center Co., Ltd. Also named in the complaint are two related persons, namely Arthiphant Thongchandr, as an accomplice with PT Millennium Penata Futures, and Kasemsak Sirisrisornchai, a director of J.R.A. Business Center Ltd....
Bangkok, November 27, 2012 ? The SEC filed a criminal complaint with the Economic Crime Division of the Royal Thai Police (ECD Police) against five companies, namely(1) Silver Line Trading Intertrade Co., Ltd., (2) Diamond and Silverline Group Co., Ltd., (3) K.N.O. Marketing Co., Ltd., (4) M.B. Network Co., Ltd., and (5) P.T. Research Co., Ltd., along with four related persons, namely (1) Jaray Chanchaisilp, directors of Silver Line Trading Intertrade Co., Ltd. and Diamond and Silverline Group C...
Bangkok, February 16, 2015 ? The SEC filed a criminal complaint with the Department of Special Investigation (DSI) against nine alleged offenders for falsifying documents and accounts and corporate fraud, causing damages to TUCC during 2010-2011. Those alleged offenders were (1) Yongyuth Ngamkaiwan, Director and CEO of Thai Unique Coil Center Plc. (TUCC); (2) Vacharee Ngamkriwan, TUCC Director and Deputy CEO; (3) Suchit Rungcharoenchai, Ex-TUCC Director, Deputy CEO, and CFO; (4) Nitaya Yongphit...
Bangkok, January 30, 2012 ? The SEC has filed another criminal complaint against Porntep Thawornwisuthikul and Arada Lertpinyopap, former executives of United Securities Plc., and three other persons, namely Prayuth Lertpinyopap, Naruephol Chatchalermvit and Ladda Ponsuwannapa, with the Department of Special Investigation for involving in share manipulations. The SEC findings revealed reasonable grounds that Porntep and Arada had conspired with Suriya Larbvisuthisin in using other persons? tradi...
Bangkok, December 22, 2011 ? The SEC filed a criminal complaint against Suriya Larbvisuthisin, Somphong Vitthayaraksan and Somchai Sripayak with the Department of Special Investigation on December 16 based on reasonable evidence indicating that the said persons agreed or conspired with former executives of a securities company in using their own trading accounts or other persons? to manipulate the share price of S.E.C. Auto Sales and Services Plc (SECC) during September 12 ? November 24, 2008....
headlined: “SEC files criminal complaints against 25 former IEC executives and associates for fraudulent acts and exploitation of the company’s interest” published on 31 October 2017: https://www.sec.or.th/EN