File photo from archives of Thairath.
Details reveal prosecutors have filed charges against Nana Raibina and Way Titanium at the Criminal Court for fraud causing damages over 100 million baht. They have filed for temporary release, awaiting bail approval.
At the Criminal Court at 11:00 a.m. on 23 Feb 2026 GMT+7, economic and resource case prosecutors filed charges against Mrs. Raibina Intachai, 44, Mr. Prinya Intachai, 44, Flick of the Light Productions Co., Ltd., and Raibina 2016 Co., Ltd., with Mrs. Raibina as defendants 1-4, for conspiracy to commit fraud, fraudulent borrowing from the public, and forging and using forged documents.
The prosecution stated that between April 2021 and October 2025, the defendants conspired to commit fraud and fraudulent borrowing from the public, forging and using fake documents to deceive 11 victims—more than ten people—by presenting false information and concealing the truth. They induced victims to lend money for investments in personal loan businesses, asset trading, sports-related companies, various business investment funds, stock purchases, foreign restaurants, and stock market shares. They promised returns of 4% or 7% per month or 40% of the invested loan amount, exceeding legal interest rates allowed by financial institutions. As a result, victims 1-11 invested by transferring money into bank accounts designated by the four defendants and their associates.
The inducement to victims 1-11 involved false information. The four defendants had no intention to invest the victims’ money as promised but instead used it to pay returns to earlier investors, concealing the true facts. They intended from the start to deceive the 11 victims, which constitutes conspiracy to commit fraud and fraudulent borrowing from the public. During the investigation, all four defendants denied the charges.
This case involves conspiracy to commit fraud and deceptive borrowing from the public, with damages exceeding 100 million baht affecting 11 victims and others broadly, causing harm to the overall economy. To prevent further offenses, the prosecution requests the court impose heavy penalties on the four defendants. If the defendants apply for temporary release, the prosecution opposes bail and asks the court to sentence them according to law and order them to compensate the victims: victim 1 for 41,683,337 baht; victim 2 for 46,394,000 baht; victim 3 for 28,795,000 baht; victim 4 for 3,550,000 baht; victim 5 for 3,150,000 baht; victim 6 for 4,364,500 baht; victim 7 for 2,970,000 baht; victim 8 for 1,500,000 baht; victim 9 for 13,951,000 baht; victim 10 for 4,000,000 baht; and victim 11 for 23,684,077 baht. These represent the victims’ losses from the fraud plus the maximum legal interest from the loan date until full repayment by the defendants.
The court accepted the case as criminal case No. A.508/2026. The prosecution brought the defendants to court to file charges. The two defendants have submitted requests for temporary release, which are currently under judicial consideration.