Phornprapha family members indicted for stock manipulation - News Summed Up

Phornprapha family members indicted for stock manipulation


Three members of prominent business family linked to MORE scandal brought to courtListen to this articleProsecutors have indicted three members of the Phornprapha family in the More Return stock manipulation scandal, with the Criminal Court accepting the charges and considering bail requests. The three suspects — Akapat (aka Hi-so Kim), Athipat and Orapin — were taken to the Criminal Court on Tuesday. The offences with which the Phornprapha family members are charged fall under the Securities and Exchange Act, with estimated damages of 800 million baht. Ten suspects have yet to be brought before the court and arrest warrants have been issued for four of them. More Return Plc was a holding company in which younger members of the Phornprapha family were major shareholders.


Source: Bangkok Post January 13, 2026 13:56 UTC



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