THE PAVILIONS PHUKET BRITISH INTERNATIONAL SCHOOL, PHUKET Kata Rocks
Login | Create Account Poll Currency Weather Facebook Youtube Search

Finn ‘satisfied’ after bitcoin scandal talks

BANGKOK: Finnish businessman Aarni Otava Saarimaa, who lost millions of baht in an alleged high-profile bitcoin scam, is now “satisfied” after negotiating a settlement deal with two key suspects who yesterday (Aug 28) acknowledged fraud charges pressed by the Crime Suppression Division (CSD).

crimepolicetechnology
By Bangkok Post

Wednesday 29 August 2018, 09:14AM


Finnish investor Aarni Otava Saarimaa (right) and his Thai business partner Chonnikan Kaeosali arrive at the Crime Suppression Division. Photo: Wassayos Ngamkham

Finnish investor Aarni Otava Saarimaa (right) and his Thai business partner Chonnikan Kaeosali arrive at the Crime Suppression Division. Photo: Wassayos Ngamkham

“The two sides signed their joint agreement as evidence after talks,” deputy CSD chief Col Chakrit Sawasdee said after meeting Mr Saarimaa and the two Thai suspects – well-known stock trader Prasit Srisuwan and Chakris Ahmad, a major shareholder of Expay Software Co.

Mr Prasit said he had been ready to report to the DSI since Monday (Aug 27) but had to wait for Mr Saarimaa so they could hold the negotiations together with police.

Mr Saarimaa is “my friend and work colleague”, Mr Prasit said, claiming they both fell victim to the scam, allegedly masterminded by Prinya Jaravijit, a prime suspect who has reportedly fled to the United States during the Department of Special Investigation’s probe.

The two sides declined to elaborate what they discussed but signalled the outcome met their demands.

“My talks with them [Mr Prasit and Mr Chakris] turned out to be very satisfactory but I cannot give any details now,” Mr Saarimaa said.

If they can reach a settlement, which is allowed by law in fraud cases, Mr Saarimaa can withdraw his complaints against the two suspects, Col Chakrit said.

The Finnish investor, together with Thai businesswoman Chonnikan Kaeosali, complained to the CSD earlier about losing a total of B797 million to Prinya’s group, which allegedly lured the two into making huge investments by buying the shares of three firms including, Mr Chakris’ Expay Software Co, last June.

BRITISH INTERNATIONAL SCHOOL, PHUKET

Ms Kaeosali and Mr Saarimaa were also told to pay money in the form of bitcoins, a popular virtual currency, which was later secretly withdrawn by the suspects, according to investigators.

CSD investigators will acknowledge the fraud charges today (Aug 29) for Prinya and his two younger brothers – Jiratpisit and Tanasit.

If Prinya, who disappeared after the scam, fails to appear, the officers will seek a court warrant for his arrest.

Prinya and Jiratpitsit have been already charged with money laundering.

The CSD is also considering pressing the same money-laundering charges against the parents of Prinya after questioning them on Monday.

The couple’s bank accounts held B90mn allegedly transferred by Prinya, although the two insisted on their innocence during questioning.

Read original story here.

 

 

Comment on this story

* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.

Comments Here:
Comments Left:
# Characters
Username:
Password:
E-mail:
Security:

Be the first to comment.

Have a news tip-off? Click here

 

Phuket community
Tout dumps slow loris with tourist, evades arrest at Kata Beach

It's not the Police's job you clown. How do you know how the operation was conducted?...(Read More)


Layan lockout: Public access denied amid Supreme Court wrangle for B10bn beachfront land

Best get yourself some legal advice if you don't understand something or won't accept anythi...(Read More)


Six houses destroyed by fire

Unless you haven't worked it out, prioritising when poor means staying alive. How do you know t...(Read More)


Still no charges for taxi driver who wiped out six vehicles, killed motorcyclist

What about the "HiSo's"or influential people as one commentator suggests in another po...(Read More)


Still no charges over deadly collision in Chalong that killed two tourists

What this article is about is a motor accident. Get with the program. Even Australia as are many oth...(Read More)


Still no charges for taxi driver who wiped out six vehicles, killed motorcyclist

Inhibitors to Thai Justice 101: “I have many things to do. Last month, I had an official meeting i...(Read More)


Still no charges for taxi driver who wiped out six vehicles, killed motorcyclist

As with every other law in Phuket (parking, speeding etc).... one rule for taxis and one rule for th...(Read More)


Saudi teen runaway leaves for Canada

A happy ending, let us hope she isn't a victim of some more patriarchal BS in way of "honor...(Read More)


Local residents angered over open sewer stench

Where's all the sewage from the recent 10000 + Laguna area condos going? ( I'd be one P O...(Read More)


Layan lockout: Public access denied amid Supreme Court wrangle for B10bn beachfront land

"Well no," well yes, it seems have a problem, first stating incorrectly sect 1336, now ign...(Read More)