offenders and accomplices.” ______________________Remark: *SEC News No. 116/2023: “SEC files a criminal complaint against 10 offenders with the DSI for falsifying STARK financial statements, making
Earlier, the Civil Sanction Committee (CSC) resolved to impose civil sanctions on the nine offenders* on account of manipulating the share prices of Nation Multimedia Group Public Company Limited (NMG), Electronics Industry Public Company Limited (EIC), and Tong Hua Holding Public Company Limited (TH), requiring them to pay a total, collective monetary civil sanctions of 33,677,137.50 baht (consisting of civil penalties, compensations in the amount equal to the benefits received or would have be...
Earlier, the Civil Sanction Committee had resolved to impose a civil sanction on the three offenders who were subject to pay a separate civil penalty and compensate for the benefits that should have been received from committing the offenses.* However, they all refused to comply with the civil sanction, which was deemed an indication of their disagreement to settle the case directly with SEC. Therefore, SEC has submitted the case for the public attorney to file a lawsuit in the Civil Court in or...
Earlier, the Civil Sanction Committee had resolved to impose a civil sanction on the three offenders who were subject to pay a separate civil penalty and compensate for the benefits that should have been received from committing the offenses.* However, they all refused to comply with the civil sanction, which was deemed an indication of their disagreement to settle the case directly with SEC. Therefore, SEC has submitted the case for the public attorney to file a lawsuit in the Civil Court...
The SEC Civil Sanction Committee (CSC) had earlier passed a resolution to impose civil sanctions on all six offenders of the case, namely: (1) Mrs. Chatkaew Gajaseni, (2) Ms. Lapat-orn Gajaseni, (3) Mr. Sahadchai Gajaseni, (4) Mr. Khemmapope Gajaseni, (5) Mrs. Kotchakorn Phiboonthammasak, and (6) Mr. Tharathon Phiboonthammasak, who were collectively subject to a total fine of 51,540,993 baht (a civil penalty and a reimbursement of investigative expenses incurred by the SEC), and a bar fro...
The SEC Civil Sanction Committee (CSC) had earlier resolved to impose civil sanctions on 14 offenders* for manipulating share prices of the SCI Electric Public Company Limited (SCI), the Global Service Center Public Company Limited (GSC), the Asian Sea Corporation Public Company Limited (ASIAN), the Floyd Public Company Limited (FLOYD), and the Raja Ferry Port Public Company Limited (RP). The sanctions comprise a total fine of 27,398,667 baht (a civil penalty, a compensation in the amount equal...
&NewsYear=2023&Lang=EN 2. SEC News No. 45/2024: SEC files a criminal complaint against a former director and executive of STARK with DSI for falsifying financial statements and submits the case to AMLO
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...