The Deputy Commander of the Economic Crime Suppression Division revealed that preliminary inspections show the new batch of branded bags owned by Boom Panadda are likely all authentic. He added that the jewelry seller to Boom Panadda is scheduled to be summoned for questioning next week, while land sellers to Boom Panadda have begun meeting with investigators.
On 12 Nov 2026 GMT+7, reporters updated on the new batch of assets belonging to Boom Panadda after police from the Economic Crime Suppression Division seized property from two condominiums located in Sukhumvit 31 and Ratchakru alleys in Phayathai district. The items included 12 branded bags, 11 branded scarves, 4 branded clothing pieces, and 53 pieces of gemstone jewelry.
Recently, Pol. Col. Nittichot Penjamras, Deputy Commander of the Economic Crime Suppression Division, disclosed that experts representing the brand companies conducted preliminary inspections yesterday and found the bags likely to be genuine due to their high quality. However, official confirmation from the brand owners is still awaited to serve as evidence in the case. The companies can also verify which stores sold the authentic bags.
Regarding the 53 pieces of gemstone jewelry, their examination is more challenging than the bags. Police plan to coordinate with the Thai Gem and Jewelry Traders Association to send experts to verify whether the diamonds are genuine, expected to be completed within next week. Additionally, obtaining information and product photos from the sellers will facilitate the inspection process.
In the financial investigation, police are currently compiling transaction details related to transferred funds. Those summoned as witnesses have started appearing before investigators, mostly individuals who received money transfers, including landowners who previously sold land to the Good Deeds Foundation. However, there is no report yet of foundation committee members giving statements.
Concerning rumors linking Boom Panadda’s financial dealings with a well-known socialite woman, investigators confirmed transactions involving jewelry sales between Boom Panadda and the individual did occur. However, when asked whether the person was a socialite or celebrity, authorities clarified she was just an ordinary trader. This individual is planned to be summoned for questioning by the investigative team next week. Further details remain undisclosed.