Ufun fraudsters sentenced to thousands of years
- 22 Mar 2017 at 16:25
- WRITER: ONLINE REPORTERS
Natee Teerarojanapong, a former advocate of gay rights, arrives at the Criminal Court on a prison bus on Wednesday morning. He was sentenced to serve 20 years in prison as a conspirator in the Ufun online store pyramid scheme.(Photo by Pattarapong Chatpattarasill)
The Criminal Court on Wednesday handed down prison terms totalling 12,265 to 12,267 years to 22 people convicted over the online pyramid scheme operated by Ufun Store, which conned about 120,000 people out of more than 20 billion baht.
However, their actual imprisonment under the law will be a maximum 20 and 50 years each.
On July 13, 2015 prosecutors charged Apiratch Saenkla, Sirichok Siriwannapha, a former member of the Chartthaipattana Party, Natee Teerarojanapong, an advocate of gay rights, and 40 others with violation of the 2013 Transnational Organised Crime Prevention and Suppression Act, and embezzlement under the 2002 Direct Selling and Direct Marketing Act.
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