Thai cops give Bitcoin fraud suspect deadline to surrender 23102
Ashmita Dutta
Sep 15, 2018 at 12:36 AM

Thai cops have given Prinya Jaravijit, the primary suspect in $24 million bitcoin fraud case two options, either deportation or surrender. The Crime Suppression Division has given the mastermind time till 17 September to surrender or the extradition process will start. Prinya is believed to be the mastermind behind a fraudulent scheme in which he duped Aarni Otava Saarimaa, an investor from Finland who lost 5564 bitcoins worth nearly 800 million baht.

'Time till Monday to surrender'

According to a Bangkok Post report, the investigators had summoned him for a meeting on 14th September, but he failed to turn up. Chakrit Sawasdee, Crime Suppression Division's deputy commander has clarified that if he fails to surrender on Monday, 17th September, then surely proceedings of Prinya's deportation will begin. He stated, “The suspect was then asked to come in on Monday and if he still ignores it, relevant agencies will be contacted to try to bring him back to face prosecution.” 

In this cryptocurrency fraudulent case, Prinya is the sole target who is being chased by the investigators. However, other suspects include his parents and siblings who have also been interrogated by the Thailand police. His infamous younger brother and Thai actor Jiratpisit ‘Boom’ Jarajivit has already been charged and released on a bail worth $60,000.

The blame game has already started before the investigations, as his younger brother Jiratpisit claimed himself innocent and unaware of US $649,000 transferred to his account. According to the younger brother, Prinya accessed the bank account of the former without his knowledge and consent.

According to reports, the elder brother also transferred US$4.2 million to the bank account of Suphitcha, his younger sister.  However, on summoning, the sister has pleaded innocence and brought a proposal of returning the amount.

The police are also looking to summon Prinya's parents, Suwit and Lertchatkamol Jarajivit. There is enough evidence with the police which shows that they also received an amount of nearly US $1.8 million from their son.

See also: Thailand police detain actor in $24 million Bitcoin scam case

See also: Cryptocurrency crimes on the horizon for Thailand

Image via Shutterstock

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