currency as reference with fixed exchange rate. Sometimes, they falsely claimed that they were foreign companies? business alliances and needed no permission from the SEC, for instance. Anyone solicited by
where they asked for fees or benefits in return. Sometimes, they tried to convince the public that their services were legal and needed no permission from the SEC. Therefore, the SEC urges everyone to be
no permission from the SEC. There were lots of victim falling into such pitfalls these days. The SEC has issued investor alerts in this matter and further placed emphasis the need for the public to
misconduct above is deemed an execution of concealed transactions, asset misappropriation, permission of false accounting transactions and preparation of incorrect accounting records. In addition, he informed
Bangkok, April 9, 2014 ? At the Economic Crime Division of the Royal Thai Police (ECD Police) today, the SEC filed a criminal complaint against unlicensed derivatives and securities business operators and related persons as follows: (1) Seandar Inc. (or Seandar, Seandar Limited, Seandar Inc. Limited, Seandar (Asia) Ltd., Seandar Europe, Seandarfx) and Matthew Christensen for operating unlicensed derivatives business; and (2) S D Global, Seandar Inc. (or Seandar), Huang Young Lin, Tang Tia Julien...
Bangkok, September 9, 2014 - The SEC today filed a criminal complaint with the Department of Special Investigation (DSI) against {A} and {B}, former executives of United Securities Plc., {C} {D} {E} and an unknown person, for manipulating share price of Union Petrochemical Plc. (UKEM).With the referral from the Stock Exchange of Thailand on irregular trading in UKEM shares by a group of persons during July 21st August 20, 2008, the SEC probed into the case and found that {A} {B} {C} five other a...
Bangkok, 6 September 2016 ? The SEC has filed complaints against Marnfah Group Co., Ltd. and Lederer (Thailand) Co., Ltd. and their respective authorized directors with the Economic Crime Suppression Division of the Royal Thai Police on account of offering securities for sale to the public without approval.According to the received information and the SEC?s further inspection on public solicitation for high yield investment via social media, it was found that Marnfah Group and its authorized dir...
Bangkok, 14 September 2016 ? The SEC has filed a criminal complaint with the Department of Special Investigation (DSI) against (1) Mr. Siwasit Sainumphung (2) Ms. Noppawan Suwan, and (3) Mr. Viroj Arnokkaeo for manipulating the share price of Yong Thai Public Company Limited (YCI).Following the referral from the Stock Exchange of Thailand (SET), the SEC?s further investigation revealed that Siwasit had agreed to or colluded with five other persons to use several trading accounts to trade YCI sha...
Bangkok, August 27, 2010 ? The SEC today filed a criminal complaint with the Department of Special Investigation against two former executives of International Engineering Plc. (IEC) for misappropriating the company?s assets in contravention of Section 307, 308, 311, 313 and 315 of the Securities and Exchange Act of 1992 (SEA). A referral from the Stock Exchange of Thailand (SET) and the SEC?s subsequent probe showed reasonable evidence that in 2009 Bee Taechaubol, then IEC director respo...