‘Sinsae Shogun’ Imprisoned On Remand While WealthEver Fraud Unravels
Thai PBS English News reported yesterday that six executives of WealthEver Co have turned themselves to the Crime Suppression Division (CSD) police to give information on the business of their boss, Sinsae Shogun, after they are among the list of people suspected to be in connection with her mass marketing fraud.
The six persons were questioned by Royal Thai Police deputy commissioner Pol Gen Srivara Rangsiphramanakul. The deputy police chief said they came to give information as witnesses because they also claimed to be damaged parties deceived by Shogun or Ms Pasit Arinchalaphit.
One of them Mrs Tanwalai Namkaew, a director of WealthEver, said she was persuaded to invest in the company through buying food supplements worth 8,340 baht with promise a free trip abroad if she paid additional 500 baht for membership fee.
She said she did get the free trips to Hong Kong and Japan but denied anything of the fake trip to Japan when over a thousand of people were stranded at Suvarnabhumi airport last week.
Until yesterday she still didn’t get the food supplements although she had asked for it from her several times, but was told the merchandise has not yet arrived.
Pol Gen Srivara said initially the police would question all these company’s directors as witnesses with no charge be brought against them. He also said so far the police only imposed fraud charge on Shogun.
In the meantime, Sinsae Shogun has been remanded to prison yesterday after the Criminal Court granted permission to have her detained for 12 more days police questioning. Her lawyer did not apply bail for her reasoning that her assets and bank accounts were frozen. Shogun reportedly wept while in prison worrying about her chest after she has just undergone a surgery to remove her breasts. She needed to have her chest wound cleaned everyday after the surgery.
Yesterday she was escorted by officials from the Department of Corrections to the Central Women Correctional Institution for detention pending prosecution.
Central Investigation Bureau commissioner Pol. Lt. Gen. Suthin Sabpuang, has revealed that the Anti-Money Laundering Office (AMLO) had contacted the bureau for financial evidence in the case so that a seizure of Shogun’s assets can be made. He stated that the CIB had already forwarded details connected to a condominium unit, automobiles and the suspects bank account books over to the AMLO.
Along with this, they have also handed over the names of more than 30 associates of the Shogun organisation so that investigation can be extended and more charges can be imposed on her.
A fresh group of more than 100 victims yesterday came forward to file complaints. This brings the total of people filing complaints in the case to rise over 500.
In a separate report by the Bangkok Post this morning..
Pasist Arinchalapis, aka ‘Sinsae Shogun’, who is accused of fraud, organised a Bangkok luxury cruise for 500 people on the Chao Phraya River, allegedly to boost her credibility just before leaving about 1,000 stranded at Suvarnabhumi airport on Tuesday in a suspected pyramid scheme.
Police sources said today that Pasist Arinchalapis had successfully organised a number of activities for clients, the latest one of which was a luxury cruise called “Millioniare Party” on the White Orchid River Cruise boat on March 18. Officials suspected they were held to promote the credibility of her direct-sale network.
About 500 members of her network, who subscribed to sell her brand of food supplements, boarded the boat at the River City pier in Bangkok at 6pm. The boat departed at 7pm and returned at 10pm that night.
On board, the Wealth Ever Co run by Ms Arinchalapis held a fancy costume contest for a 100,000 baht prize and organised lucky draws for expensive prizes including four iPhone 7 Plus phones with 256GB memory capacity and gold ornaments for the members.
During the trip, Ms Arinchalapis invited members to join a tour to Japan and said if the trip was successful, she would take them to Taiwan and the Maldives later, police said.
About 1,000 people gathered at Suvarnabhumi airport on Tuesday night for the promised Japan trip on chartered flights only to realise it never existed.
Sinsae Shogun and people close to her were arrested in Ranong province on the Myanmar border the following day. She and eight other suspects were in custody pending investigation.
Pol Maj Gen Suthin Sapphuang, commander of the Crime Suppression Division, said on Sunday that about 300 people filed complaints with police about Sin Sae Shogun‘s business and police would seek arrest warrants for more suspects.
Wealth Ever Co, Ms Arinchalapis‘ company, claimed to sell food supplements and offered free tours in return for members who each ordered ‘products‘ worth 9,700 to 20,000 baht, in addition to commission fees for recruiting new members. Many of her clients told reporters that they had been attracted by the Japan tour offer.
Police believe the network recruited thousands of members nationwide and cheated people out of tens of millions of baht in total.
The Full Article by The Bangkok Post