uFun Club investigation to be handled by Thai police
Much nonsense has come out of the uFun Club camp these past few days, with claims on social media alluding to the dropping of the investigation currently taking place.
The claims, largely made on social media, primarily attempt to plant the seed that the Department of Special Investigation (DSI) are going to drop the uFun Club investigation any day now.
The good news for uFun Club investors still in denial?
The DSI did indeed decide to drop their own investigation into uFun Club.
The bad news?
DSI dropped the investigation in favor of letting the police continue to take the lead.
And hats off to the Thai police, who thus far have done a pretty good job freezing known assets, seizing assets from uFun Club ringleaders and coordinating raids and arrests as part of their ongoing investigation into the scheme.
Recently they’ve also began hearing claims from uFun Club investors, fearful of having their accounts terminated for cooperating with authorities.
DSI director-general Suwana Suwanjuta said on Monday that police were making good progress in the investigation and the victims were able to file complaints at police stations nationwide.
Although the case could come under the jurisdiction of the DSI it would be better left to the police, to ensure an effective investigation, as they were handling it efficiently, she said.
And before uFun Club investors start spamming social media with false claims that the DSI have given up,
DSI staff had received complaints, investigated the case fairly and tried to contain the pyramid scheme.
After passing the case on to the police the DSI would play a supporting role, Mrs Suwana said.
For those unfamiliar with the agency,
The Department of Special Investigation (DSI) is a department of the Ministry of Justice of Thailand. It operates independently of the Royal Thai Police and is tasked with the investigation of certain “special cases”.
The DSI is often referred to as Thailand’s counterpart to the United States’ Federal Bureau of Investigation (FBI).
I’m guessing the police will continue to hunt uFun Club’s fugitive management, with the hopes of eventually seizing the hundreds of millions of dollars of invested funds still unaccounted for.
The DSI meanwhile will be tasked with getting sensitive tasks done, sort of how the Secret Service and FBI work with the SEC on some of the more complex Ponzi cases in the US.
State attorneys are also expected to file a case at some point, which will pave the way for extradition requests to go out.
Since the initial police raids, uFun Club executives have scattered to both the US and Malaysia. Their current whereabouts have yet to be confirmed by authorities in either country.
Can anyone care to translate this letter? Tq.
DBD = Department of Business Development?
The words “uFun Club” or “uToken” don’t appear on there.
even i have some good news for ufun investors. this was suggested by the person over at ‘utoken is a scam’ but i’ll repeat it here for a wider audience [behindmlm appears to be the primary pain in the ass, responsible for shattering ufunners pipe dreams, of free limitless wealth and world currency domination]
in the face of the thailand investigations and the subsequent ‘dispersing’ of management to shores unknown, it is but natural that a segment of affiliates are nervous, and want to recoup the money they have invested in utokens.
now, all the supportive ufunners, who have the strong belief that ufun is NOT a Ponzi Scheme, and that these troubles are a passing phase, and that utoken will rise and rise and rise…..should do themselves a favor.
supportive affiliates should buy out the utokens of their downlines who are wanting OUT at this point. utokens are being offered at a DISCOUNT!!!
canya imagine that! precious utokens at upto 50% off off off!!
all top affiliates should put their money where their mouth is, and buy up all the utokens for sale out there.
saying ‘support dato danial tay! we love utoken!’ wont cut it.
SHOW US YOU CARE.
utoken is a scam;
I made the offer to a particularly insistent UFUN affiliate who was bombarding me with irrelevant facts and questions and excuses about why UFUN is not a ponzi, to prove that he would NOT want to buy them, even at a big discount.
Why would an affiliate not want to buy any Utokens at a big discount?
The answer is obvious…
On 26 April 2015 at 6pm, there will be a MOA signing ceremony for the Rm1.28b Gateway Klang project in Malayisa.
So to those in denial greedy investors will your Captains be presence for that ceremony?
Look what happenned in Thailand today. The so called captains have abandoned their sinking ships much earlier leaving the crews & passengers behind fighting to stay afloat.
It is the fool who thinks he cannot be fooled.
it is impossible for a man to begin to learn what he has a conceit that he already knows. — Epictetus, Greek Philosopher (55- 135AD)