uFun Club @ BehindMLM

As the arrests in the uFun Club pyramid scheme case in Thailand top 80, the latest suspects nabbed are high-profile ringleaders. Arriving on a flight from Qatar yesterday morning, retired Maj Gen Athiwat Soonpan and his wife reported to police shortly after their arrival.

At the end of last month total uFun Club arrests in Thailand stood at 44, with that number climbing to over 70 this month. There’s still a week to go, but as it stands the total number of uFun Club arrests in Thailand is seventy three.

Unascos activity around the world has all but stalled. With over fifty uFun Club arrests in Thailand, China quieting down following arrests earlier this year, nothing much happening in Malaysia and efforts to expand into Samoa thwarted, things are pretty quiet out there. Now in an effort to relive the theft that took place through uFun [Continue reading…]

Things were pretty quiet last month reporting wise on the Samoan uFun Club fraud case, however we did get an update yesterday on the current case status. Through their participation in uFun Club and recruitment of local Samoan investors, Nicolas Giannos, Rosita Stanfield and an unidentified 74-year-old Pastor were initially charged with seven counts of “receiving [Continue reading…]

As the hunt for 133 indicted suspects continues in Thailand, news today that the 44th arrest in the uFun Club case has been made. Phakphoom Suk-kon, another high-profile suspect in the Ufun pyramid case, was arrested in Chon Buri’s Pattaya yesterday. Phakphoom was arrested after he was caught red-handed

While questions about why Malaysian authorities refuse to investigate and arrest the ringleaders of a $1.17 billion dollar Ponzi scheme, more evidence has surfaced linking uFun Club management with Malaysian politicians. Haivng surfaced sometime over the last twenty-four hours, the following image shows Daniel Tay, head of uFun Club (now Unascos), and current Malaysian Deputy [Continue reading…]

As the uFun Club arrests in Thailand continue, the latest has seen a former Thai politician rounded up and hauled in for questioning. And while the details of Sirichok Siriwannapha are sketchy, his involvement in uFun Club has provided some insight into the scheme’s money laundering activities.

Four more uFun Club scammers were arrested in Thailand are to be arrested later today, but the more pressing news is once again the involvement of international authorities.

Following a directive from public prosecutors to “continue hunting for” wanted uFun Club investors, police in Thailand have tracked down and arrested three more suspects. A used car shop belonging to Natthinont Puttathammarong was raided, with at least one car on the premise belonging to other uFun Club scammers on the run.

Just a quick update, earlier today saw thirteen uFun Club scammers enter a plea of not guilty in court. Prosecutors demanded that the defendants pay 2,451 people who allegedly lost money in the scheme Bt351.5 million in compensation plus 7.5 per cent interest per year until the full payment is made. I’m assuming it’ll be [Continue reading…]