uFun Club’s General Soonpan flees, arrest warrant issued
The uFun Club saga continues, with arrest warrants issued for Athiwat Soonpan and his wife.
Soonpan was a familiar figure on the uFun Club promotional circuit, with his image frequently used to create the illusion of legitimacy.
With ties to the military, the implication was that through Soonpan, uFun Club had the approval of the Thai military.
Internally Soonpon was credited by uFun Club as being their “International President”, however it was the photo opportunities that having Soonpon onboard provided that uFun Club management valued.
Soonpon’s arrest warrant was issued on April 15th, with the general charged with defrauding the general public.
Police raided his house today, learning that Soonpon had fled Thailand on April 10th. This was the day police arrested several key uFun Club insiders and raided the scheme’s Thai offices.
Whether or not Soonpon was tipped off in advance or whether he fled after the raids is unclear.
Currently the only report available on this matter is in Thai, with more details are expected when English news stories appear.
In the meantime, courtesy of BehindMLM reader OzDelphi, here’s a Thai news report covering the raid of Soonpan’s house today:
Update 8th April 2019 – As of April 2019 the news report that was embedded here has been removed from YouTube. /end update
The current wherabouts of Soonpan are unknown. If I had to guess though, my money would be on Malaysia, where he’s probably hiding out along with the rest of uFun Club’s fugitive executives.
Stay tuned as more information comes to hand…
Update April 16th 2015 – Thai police have announced they are looking to extradite Athiwat Soonpan once he is located.
Police and Journalists at Soonpan’s house:
NOLINK://youtube.com/watch?v=xea3AXerj3U
Reports state that Thai police have seized UFun assets of 500 million Baht. Total money lost in this scam: 20 Billion, yes, 20,000,000,000 Baht.
@ozdelphi
thanks, but we need a ‘gist’ translation of that.
so, soonpan is done with thailand forever! why is there an arrest warrant for his wife?
the business license of ufun/ufunstore was revoked on the 8th of april.
danial tay, eddy tan, soonpan, must have got this info, and anticipated arrest. so they hurried/scurried away without warning the execs of ufunstore, and left them in the lurch to be arrested.
if ufunners are reading this, then please know, that you will also be left in the lurch, because these guys are only looking for self preservation.
aw, i was depending on utoken news for all the latest news and company ‘messages’.
however apart from some painful attempts at poetry, they are not offering any info about the latest ‘event’ regarding general soonpan.
writing about the rise and rise of utoken ‘value’ is all very nice, but how are ufunners going to enjoy this value, with the management being declared as fugitives?
read that again, thailand which hosts the HQ of ufun, has called danial tay, soonpan and others ‘fugitives’. thailand is ‘hunting’ for them.
To those still in Denial: the ignorant mind, with its infinite afflictions, passions, and evils, is rooted in the three poisons. Greed, anger, and delusion.
1. Securities Commission Malaysia (SC): The public is advised not to make any investment with companies/individuals that are not licensed or approved by the SC.
Offers often come in the guise of seemingly attractive investment opportunities or schemes and may also be camouflaged as direct selling or business opportunities.
UFunClub (Malaysia) Not licensed by the SC to conduct capital market activities.
See the list here: sc.com.my/list-of-unauthorised-websites-investment-products-companies-individuals/
2. Central Bank Malaysia (BNM): List of companies and websites which are neither authorised nor approved under the relevant laws and regulations administered by BNM…..repeat companies and websites which are neither authorised nor approved.
UfunClub (Malaysia) for Unlicensed activities.
See here: bnm.gov.my/documents/2015/20150225_FCA_EN.pdf
Then they came out with Ufun, Ufun Store (without “club”) & Utoken to confuse the authorities while giving themselves ample times to scam off more greedy investors.
To those greedy investors still in denial you have been warned and soon you will see the Malaysia pyramid scheme collapse also!
Changing the topic here slightly, but I was wondering if you had any reports on maps (my advertising pays). Can’t seem to find anything on your site here about them.
@benny
Search bar is on the top of the navigation menu to the right.
https://behindmlm.com/companies/myadvertisingpays-review-49-99-ponzi-investment-scheme/
Last few days they still In Msia…
General Soonpan posted a video, said that he didn’t ran away from Thailand, but he plan to travel USA for 2-3 months earlier for his son graduated. He had the lawyer to fight for his right in Thailand.” LOL
facebook.com/UtokenForum/videos/vb.906118826095460/948390091868333/?type=2&theater
Except graduation isn’t until May or June…
The only interesting part of Soonpan’s video is near the beginning where he claims to be a “sa maa chik UFun khon neung”, ie, a member of UFun. Just a member, like any other member!