Bangkok, May 12, 2014 - The SEC today filed a criminal complaint with the Department of Special Investigation (DSI) against {A}, an executive of {X1} Plc., {B} and {C}, former executives of {X2} Securities Plc., as well as {D}, {E} and {F}, for manipulating RICH share price.With the referral from the Stock Exchange of Thailand on irregular trading in RICH shares by a group of persons from May 10 to July 31, 2007, the SEC probed into the case and found that {A}, {B}, {C}, {D} and {E} had colluded...
Bangkok, May 14, 2014 - The SEC today filed a criminal complaint with the Economic Crime Division of the Royal Thai Police (ECD Police) against {X1} Co., Ltd. and {A} for operating unlicensed derivatives business.Vasant Thienhom, SEC Deputy Secretary-General, said that "Following suspicious report from investors, the SEC's probe revealed that {X1} Co., Ltd. and {A} held themselves out as gold futures trading agents. They advertised and solicited investing public to open gold futures trading acco...
Bangkok, August 13, 2014 ? The SEC filed a criminal complaint with the Economic Crime Division of the Royal Thai Police (ECD Police) against G.O.L. (Thailand) Co., Ltd. and its director Jaray Chanchaisilp for operating unlicensed derivatives business.Sakkarin Ruamrang, SEC Assistant Secretary-General, said that ?The SEC?s probe revealed that G.O.L. (Thailand) held itself out as gold futures trading agents. Without obtaining derivatives license from or being registered with the SEC, they advertis...
Bangkok, March 9, 2015 ? The SEC filed a criminal complaint with the Economic Crime Division of the Royal Thai Police (ECD Police) against Quantum Benchmark Corporation, Globalview Consulting Co.,Ltd., Arya Payungvivattanakul, a managing director of Globalview Consulting Co.,Ltd., Ruangrit Pansiri and Aroonvadee Kittikasemsak for jointly operating unlicensed securities businesses. Following suspicious report, the SEC probed into the case and found that the said companies and persons, without ob...
Bangkok, July 3, 2015 ? The SEC filed a criminal complaint with the Department of Special Investigation (DSI) against Sornnon Sudtiastasilp, Naraporn Chuvessiriporn, Nacharat Sirithep, and Thanatdej (Sudtiastasilp (or Jiraphoj Phatiphothiwat) for manipulating the share price of Thai Yuan Metal Plc. (TYM); presently known as The Steel Plc. (THE). With the referral from the Stock Exchange of Thailand, the SEC probed into the case and found that during March 18 ? October 9, 2008, Sornnon, Naraporn,...
Bangkok, March 2, 2016 ? The SEC has filed two criminal complaints with the Economic Crime Suppression Division of the Royal Thai Police (ECD Police) against 11 offenders on account of operating securities business without license.The SEC received complaints from several foreign residents that they had been solicited to use services and advice of the offenders to make investments and later suffered damage from proceeding accordingly. The first case involves four entities, namely: (1) Gilt Edge I...
Bangkok, March 21, 2016 ? The SEC has filed a criminal complaint with the Economic Crime Suppression Division of the Royal Thai Police (ECD Police) against EMM Consulting Co., Ltd., Alan Sydney Roy Lane and Ratanaporn Aoonta for operating securities business without license.The SEC received a complaint from a foreign investor that he had been solicited by the financial and investment consultants of EMM Consulting to use their services and investment advice to tranform his pension fund abroad int...
Bangkok, December 12, 2012 ? The SEC today filed a criminal complaint with the Department of Special Investigation (DSI) against Somchit Bosereewong, CEO and Director of Singha Paratech PLC (SINGHA) for falsifying the company?s documents and accounts in violation of Section 312 of the Securities and Exchange Act B.E. 2535 (1992) (SEA). The SEC?s finding indicated that Somchit proceeded or permitted another to falsify documents and make false entries of revenues from sales in SINGHA?s 2007 financ...
Bangkok, December 22, 2014 ? The SEC filed a criminal complaint with the Economic Crime Division of the Royal Thai Police (ECD Police) against Yuttana Lipirodkul for operating unlicensed securities and derivatives businesses. Vasant Thienhom, SEC Deputy Secretary-General, said that ?Following suspicious report, the SEC probed into the case and found that Yuttana held himself out as money manager and managed money for others by seeking benefits from investment in derivatives. He advertised and so...
Bangkok, November 30, 2011 - Following the investigation on {X1} Co., Ltd. in response to the evidences indicated that the company had operated unlicensed derivatives business, the SEC found that during July 2009 until now, {X1} Co., Ltd. has falsely represented to the general public by advertising the company on the webboard relating to investment and on the website as gold futures trading agent for the company in Hong Kong SAR, who provides services of gold futures contracts trading. The comp...