The Police Economic Crime Division chief revealed that in the case of "Acmy Worawat," who deceived investors in cryptocurrency, 61 victims have filed complaints with total damages reaching 76 million baht. The case is suspected to involve a pyramid scheme and public fraud. It was found that he fled abroad since 2024. Authorities are urgently requesting Interpol to issue a red notice for his arrest.
On 10 March, at the press conference room on the 2nd floor of the Crime Suppression Division, Pol. Maj. Gen. Thasphoom Jaruprach, chief of the Police Economic Crime Division, updated on the case where victims filed complaints against Mr. Acmy Worawat Naknaowdee for deceiving investors in digital coins and cryptocurrencies. Initially, 61 victims have reported to investigators, each investing 1-2 million baht, totaling about 76 million baht in damages. Investigators from Division 4 of the Economic Crime Division have prepared to question the victims, believing the number of victims and total damages may exceed hundreds of millions.
Pol. Maj. Gen. Thasphoom added that the case likely involves violations of the Emergency Decree on Loan and Pyramid Schemes because investigations found promises of returns hundreds of percent above legal limits. Additionally, it involves offenses under the Computer Crime Act and public fraud.
Regarding whether Mr. Worawat’s creation of the digital coin ACT constitutes an offense, Pol. Maj. Gen. Thasphoom said coordination with the Securities and Exchange Commission (SEC) is needed, as it may violate the Emergency Decree on Digital Asset Business Operations. Although no company was registered, buying and selling between individuals would still be illegal.
Pol. Maj. Gen. Thasphoom also said the SEC has filed two other cases against Mr. Worawat since 2025. The first case has completed investigation and was sent to prosecutors, with an arrest warrant issued. The second case involves soliciting investments via a website with about 40 victims and 10 million baht in damages; an arrest warrant was also issued. Investigators are gathering more evidence to issue warrants for others involved, believing Mr. Worawat did not act alone. His wife is currently not suspected of any involvement.
Pol. Maj. Gen. Thasphoom further said investigations revealed Mr. Worawat left the country on 15 November 2024. Authorities have coordinated with Interpol regarding the arrest warrant issued in 2025 to request a red notice.
Regarding why some victims still trusted Mr. Worawat despite previous arrest warrants, Pol. Maj. Gen. Thasphoom said it was a matter of image. Many victims knew about the warrants, but Mr. Worawat claimed they were fake and showed photos with prominent figures, convincing the public to invest. The fraud pattern from 2024 to now has been similar.
Pol. Col. Jamnan Chanthet, head of Division 4, Police Economic Crime Division, said regarding Mr. Worawat’s digital wallets that clear financial evidence exists with wallets both in Thailand and abroad. However, seizing these digital wallets requires coordination with various agencies, which will proceed. Currently, the suspect’s digital wallet funds are minimal, less than one million baht.