Showing 1 - 10 of 36
Bancha gets 5 years in B1.4bn embezzlement case
News, Wassayos Ngamkham, Published on 30/09/2024
» The Criminal Court has sentenced Bancha Chalapirom, former chairman of the Chulalongkorn University Savings Cooperative (CU Savings Coop), to five years in jail for embezzling more than 1.4 billion baht from the cooperative.
Savers need protection
News, Editorial, Published on 14/04/2022
» The latest embezzlement case to hit the headlines regarding a savings cooperative is just the tip of a financial-wrongdoing iceberg.
Kudun & Partners appointed to represent the largest group of creditors with total debenture debt of THB 46 billion in Thai Airways’ rehabilitation proceeding
Published on 15/09/2020
» Kudun and Partners has been officially appointed to represent a total of 87 savings co-operatives in their capacity as creditors of Thai Airways International Public Company Limited in Thailand’s largest-ever business rehabilitation proceeding to date.
Ex-lecturer gets 50 years for fraud
News, Post Reporters, Published on 26/08/2020
» The Appeal Court has jailed a former president of Chulalongkorn University's savings cooperative for 50 years for money laundering in relation to a lottery investment fraud.
Appeal Court increases jail term for ex-Chulalongkorn academic
Online Reporters, Published on 25/08/2020
» The Appeal Court has increased the maximum jail term for a former chairman of Chulalongkorn University’s savings cooperative from 20 to 50 years for a lottery investment fraud that cost members hundreds of millions of baht.
Ex-Chula savings co-op chair sentenced to another 60 years
Online Reporters, Published on 31/01/2019
» A former chairman of Chulalongkorn University’s savings cooperative has been sentenced to 60 years in jail for money laundering in relation to a lottery investment fraud.
Ex-Chula lotto swindler gets prison sentence of 250 years
News, Post Reporters, Published on 08/11/2018
» The Criminal Court has sentenced a former chairman of Chulalongkorn University's savings cooperative to 200 years and 600 months in jail for swindling 100 people out of 183.7 million baht in a lottery quota investment scam.
MPC, FIPC call for tighter leash on cooperatives
Business, Somruedi Banchongduang, Published on 23/12/2017
» Two key committees have called for the regulator overseeing thrift and credit cooperatives to speed up tightening prudential regulations.
Woman in Chula lotto scam gets jail
News, Wassayos Ngamkham, Published on 23/11/2017
» The Criminal Court yesterday handed down a 17-year prison term to Methawat Khonman, one of the defendants in the Chulalongkorn University Savings Cooperative lottery investment scam that caused 641 million baht in losses.
Financial bubble & crisis warning from Ex-BOT governor
Jon Fernquest, Published on 27/06/2017
» Real estate speculation & unregulated credit unions could trigger next financial crisis warns former Bank of Thailand governor Prasarn Trairatvorakul.