Tell all over Prasit linksThe crackdown on the fraudulent businesses operated by Prasit Jeawkok this week not only exposed his investment empire that allegedly embezzled over one billion baht from his clients, but also left the military red-faced. Mr Prasit, who projected himself as a "model citizen" who pursued a number of charities as voluntary projects through business channels, faced complaints from his clients who massively lost out in the Ponzi schemes. Mr Prasit turned himself in to police on Monday, denying all charges. It appears that the army has distanced itself from Mr Prasit and the IO controversy. Another probe about the alleged role of Mr Prasit in military affairs should be launched.

Source: Bangkok Post May 22, 2021 00:56 UTC