Thailand’s Anti-Money Laundering Office (AMLO) targeted the Thai family because of their involvement in Bitcoin Fraud and seized assets worth 210 million baht.
Actor Jiratpisit ‘Boom’ Jaravijit’s family is now the center of attraction and a major target of country’s anti-money laundering agency.
As per the reports, AMLO has seized the assets worth $6.4 million of Jaravijit family due to their participation in the fraud case in which an Aarni Otava, Finnish national, lost bitcoins which were around $24 million at the time of crime.
According to the reports of AMLO, assets seized from Jiratpisit include 5 bank accounts in which two of the bank accounts had a combined balance of 4 million baht. Apart from this, a plot worth 43 million baht is also seized that sums up seized assets to 47 million baht.
Not just Jaravijijt but other family members’ asset is also seized that includes actor’s elder brother, Prinya Jaravijit, and sister, Supitcha Jaravijit. The assets of both the siblings include bank accounts and plots. Other assets of family members that believed to be acted as accessories to the crime were also seized.
The decision to seize was taken by transaction committee of AMLO. The confiscation is in effect for 90 days from August 14 to November 11, 2018. In court, the victims have the opportunity to appeal.
AMLO stated that anyone who feels victim to the wrongdoing can appeal to the secretary-general of AMLO within 30 days of orders.
The master plan was made by Prinya who invited the Finn to make range of investments that includes stocks listed on stock exchange. Saarimaa transferred his bitcoin worth 797 million baht to the wallet of Prinya. But instead of making the investments, he transferred the funds to bank accounts of his family members.
Later, Saarimaa filed a complaint in the police and disclosed the fraud publicly.