Thai Actor Nabbed in Bitcoin Scam Secures Bail Release
Thai actor Jiratpisit “Boom” Jaravijit, who was arrested as part of an elaborate $24 million scam, has secured bail after his arrest on Thursday, August 9, 2018.
Jaravijit Out on Bail
Jiratpisit Jaravijit has been released on a two million Thai baht (US$60,000) bail. This was after the actor was arrested for alleged money laundering in a Bitcoin fraud case. Authorities have requested Jaravijit to remain in Thailand as part of the conditions for his release.
The television and commercial actor was nabbed on August 9 in Bangkok during filming. The 27-year old is alleged to be part of a gang that defrauded Aarni Otava Saarimaa, a Finnish national. The gang deceived Saarimaa into investing more than 5,000 bitcoins on the pretext that they would acquire shares in companies that invested in the cryptocurrency, Dragon Coin. The Finnish national filed a complaint about the issue on January 30, 2018, six months after he identified the fraudsters.
Assets Seized as Part of Bitcoin Scam Investigation
Thailand’s Anti-Money Laundering Office has seized various plots of land which are believed to have been acquired by the ill-gotten money. Also, bank accounts of 52 suspects have been frozen by the anti-money laundering agency.
Jaravijit’s elder siblings, brother Parinya and sister Supitcha, reportedly possesses US$3.3 million and US$4.2 million in their bank accounts respectively. The actor, on the other hand, is said to have US$649,000 in his bank account. Also, other alleged gang members have bank accounts ranging between US$2 million and US$4.9 million.
Jaravijit, however, has declared himself innocent, saying that his elder brother, Parinya, used his bank account. At the moment, Parinya is on the run, but Supitcha has reportedly sought an audience with the police.
On Friday, August 9, Unhashed reported that law enforcement arrested Jiratpisit “Boom” Jaravijit in connection with a $24 million Bitcoin scam. The Criminal Court issued a warrant for the Jaravijit’s arrest on July 26, 2018.
According to the Crime Suppression Division, 797 million baht worth of Bitcoin was transferred to the suspects’ e-wallets. This was later remitted to their bank accounts. Jaravijit has denied ever being involved.
More Crypto News
Tether (USDT), the world’s most popular stablecoin, is designed to give users the stability of…
Stellar and its XLM token were first launched in 2014 by Ripple co-founder Jed McCaleb.…
Bitcoin Cash (BCH), the controversial project forked from the original Bitcoin client, is now the…