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Arrest of “Mr. Billionaire” for deceiving the stock market on Facebook.

Police from the Crime Suppression Division arrested “Dr. Uan,” nicknamed “Mr. Billion,” for deceiving investors into trading stocks via Facebook, causing more than 19 million baht in damages.

Police from Subdistrict 2, Crime Suppression Division, arrested Mr. Chakraphan, age 41, in front of the report building. Central Investigation Bureau, Chatuchak District, led by Mr. Jakraphan Traveling with a lawyer to request to surrender After a victim reported a complaint to investigators that he was persuaded by Mr. Chakraphan or Dr. Uan, the owner of the nickname “Mr. Billion,” to join in investing in the purchase of shares of a company. Via Facebook in 2014 by the said company There is Mr. Chakraphan Be an authorized director and have a reliable profile. Claiming to bring the company to the Stock Exchange of Thailand The victim was therefore fooled into investing in shares with the said company. Later, he learned that Mr. Chakraphan was unable to lead the company. Entered the Stock Exchange of Thailand As can be claimed As a result, there was damage in the amount of more than 19 million baht.

The police invited Dr. Uan to document his arrest and charged him with “conspiring to defraud the public and import false information into the computer system.” Initially, the accused denied all charges. From now on, officials will take him to the investigating officer. Prosecution according to law will continue.

Source: Thai News Agency