The Criminal Court sentenced "Prasit Jiawkok" to an additional 343 years in prison for fraud related to selling tour packages, fined him 200,000 baht, and ordered him to compensate the victims with interest.
At courtroom 908 of the Criminal Court at 09:30 on 5 Aug 2026 GMT+7, the court delivered its verdict in case number AtYor.638/2567, with the Economic and Resource Crime Division 1 prosecutor suing Mr. Prasit Jiawkok, Nuea Lok Company Limited, Mandaveed Company Limited, and Web Sawadee Public Company Limited as defendants 1 to 4 for jointly committing fraud against the public and violations under the Computer Crime Act.
The prosecution stated that defendant 1 was the authorized director of defendants 2-4, operating a business where the public became members and recruited others to gain rights to buy and sell products at cooperative community stores involved in tourism. They sold domestic and international tour packages through a website, dividing packages by membership level with advance payment, offering service rates cheaper than usual, and providing a money-back guarantee as coupons or cash refund ranging from 1-10% of the package price if unused within a specified period.
Between 3 Dec 2020 and 2 May 2021, the four defendants conspired to deceive and made false statements by advertising and spreading messages verbally and online through social media. They created the website www.crabybrandname.com and LINE Official groups named "Private Fund of the Chairman," "Sawadee Giftback," and "MBD," including employee and customer groups related to M GROUP’s products and services. Their employees promoted investment plans via video clips, causing 173 people to trust and invest various amounts with the defendants. They jointly intended to defraud victims by collecting money for the "Private Fund of the Chairman," promising unrealistically high returns of 83.95% to 164.25% per year to attract investments. However, the defendants never intended or were able to pay principal, profits, interest, or returns as promised, instead using new investments to pay others, collecting 102 million baht from the 173 victims.
Defendant 1 denied the charges and requested to confess during the trial. Today, he was brought in custody from Bang Kwang Central Prison.
The court considered testimonies and evidence from both sides along with the defendant's confession, finding the victims’ investment testimonies credible and that defendants 1-4 committed the offenses as charged. The court ordered defendants 1-4 to refund the victims in this case.
The court ruled that defendant 1 violated multiple laws and sentenced Mr. Prasit to 5 years imprisonment per count, totaling 343 years. However, as the maximum imprisonment for fraud against the public by law is 20 years, the court imposed a 20-year sentence, fined him 200,000 baht, and fined defendants 2-4 a total of 250,000 baht. All defendants were ordered to repay the victims with interest until fully compensated.
The reporter noted that Mr. Prasit had previously been sentenced in three cases. In the first case in 2023, he was sentenced to a total of 1,115 years imprisonment, with a maximum term of 20 years by law, and fined 145 million baht for defrauding 321 victims in counterfeit luxury handbag investments. In 2025, the Criminal Court sentenced him to an additional 1,210 years imprisonment, again capped at 20 years, and ordered repayment of 1 billion baht to 267 victims for public fraud. In 2026, he received another sentence of 4 years and 12 months for fleeing the law during ongoing court proceedings.