End of the line for uFun Club’s fugitive executives? (Interpol)
Are we finally going to see uFun Club’s rogue fugitive executives brought to justice?
If Thai authorities are to be believed, Interpol will is now overseeing a global manhunt to track them down.
AUTHORITIES in 180 countries will be sent details of the six UFUN fugitives wanted by Thai police to answer charges for their part in a pyramid scheme that allegedly defrauded investors out of millions of baht, Pol Lt-General Suwira Songmetta, assistant to the police chief said yesterday.
The six suspects have already fled the country, Suwira said. Police will co-ordinate with Interpol to hunt them down.
The move comes after repeated attempts by Thai authorities to get their Malaysian counterparts to investigate uFun Club have gone nowhere.
Thai authorities first contacted Malaysia’s NCB_KualaLumpur Interpol office back on April 16th. Despite repeated requests for assistance, no regulatory action has been taken against uFun Club fugitives hiding out in Malaysia.
This despite repeated public appearances by Executive Chairman Daniel Tay (Tay Kim Leng). Tay only a few days ago publicly signed off on a deal with the developers of the Gateway Klang project, which will see millions of stolen Ponzi funds laundered through Malaysia’s construction sector.
With victim losses in uFun Club estimated to be around $1.17 billion dollars (the second largest MLM Ponzi scheme we’ve ever seen), Interpol are looking to catalog the investigation for future reference.
Interpol will send officials |to Thailand to observe the investigation and use it as a case study.
One would hope they record in great detail Malaysia’s political ties to uFun Club, and the apparent effect that’s had on motivation to investigate the scheme there.
Thai police meanwhile publicly stated yesterday that uFun Club criminal prosecutions were expected to be filed by the end of the week.
In related news uFun Club victim reports in Thailand continue to rise.
As of Tuesday April 28th the number of victims who had filed claim reports was 292. Yesterday saw an additional 92 victims come forward, bringing the total to 384 claims for $3.5 million USD.
If Interpol’s global investigate efforts bear fruit, that number is set to explode once victims in other countries uFun Club operated in eventually realize they’ve been scammed.
Stay tuned…
The US reply to this request will be interesting to see, since it is alleged that general athiwat soonpan fled to the US.
seeing as the US is itself serious in dismantling ponzi schemes, we should expect full cooperation and help from them.
this request for information about ufun fugitives may also encourage countries to look into the spread of ufun within their borders.
the presence of interpol officials in thailand to ‘study’ the investigations, should hopefully help to keep the pressure on, till this matter is fully resolved.
all good!!
have to say that asst police commissioner suwira songmetta is doing a remarkable job.
it was just now, on april 10th that he led the raids on ufun executives.
and today, on the 30th he’s already in the process of involving the world in the ufun crackdown. it is obvious that this early move to get interpol involved is to put pressure on malaysia. how will malaysia continue to sit tight with the worlds gaze on it?
songmetta also made a very smart move in exposing how malaysia Lied about not receiving any request for assistance from thailand.
he is a smart man, this songmetta gentleman.
meanwhile with interpol getting involved in the 1.17 billion dollar ponzi ufun, there are astounding events being claimed in the parallel universe of brainwashed ufun members.
apparently the world cannot stop buying up utokens , and the price is going Up!!
30 buyers registering to purchase condos in gateway klang, can apparently raise the ‘value’ of utokens. idiocy is apparently dumb bliss.
facebook.com/UtokenLatestNews/photos/a.1540449979504751.1073741828.1540421409507608/1616789758537439/?type=1&theater
Interesting statement from Police……”will sent”… meaning the police all this while have not send the request to extradite the wanted criminals. No wonder these culprits are free to roam around.
Would appreciate in the next Police press statement to show proof that action to extradite the criminals has been officially taken. As such with the extradition officially enforced the collapse of ufun will be unavoidable by then!
Any of the Ufun malaysia investors complaints to the local authorities will be bit too late as much of the fund will be used to pay ufun Thailand investors first.
By the time more complaints are made to the Malaysian authorities there will be less assets recovered as most the culprits assets are already in Thailand authority hand.
To Malaysian Ufun investors & also investors to be, careful now as you are standing on THIN ICE!
it’s just 20 days since the thai police started their action against ufun, you have to give them some time to get their case tied up on paper, before they can make extradition requests. thai police is working at a pretty good speed.
but, expecting malaysia to extradite tay&co may be a pipe dream, most countries do not extradite their own nationals easily.
it would be more realistic to expect, that thailand taking the ufun investigation to 180 countries around the world, will shine the spot light on ufun, and get other countries to investigate too, causing ufun operations to stall.
this could force malaysia to start it’s own investigation and arrest tay&co, due to the global spotlight, or, when malaysian ufun complaints start flowing in.
malaysia is a democratic constitutional monarchy. in democratic set ups :
in malaysia the head of the executive is the prime minister.
in this particular case we know that the son of the malaysian prime minister is involved with the ufun scandal. i do not see any extradition request being supported by the malysian executive.
it will be enough, if malaysia, under pressure from interpol’s involvement, shuts ufun down itself, and tries tay&co. they will obviously save their PM’s son’s ass, but that is their internal matter. we can live with that too?
on may 1st, 2015, the ufun ‘company’ is going to visit the nepalese embassy in bangkok, thailand with offerings of 1million baht and water bottles, to aid nepal earthquake victims, and to give the world a glimpse of their charitable heart.
um, but no one from the company is in thailand anymore, so will their lawyer jandee be doing the charity on behalf of ufun? i hope he charges extra for nonlegal, fetch and carry, delivery boy work!
the thai police and interpol are really so mean and spiteful, how can a company like ufun That Does Charity be a ponzi?!!
right, ufunners or utokians or ufools ??
hey! is malaysia waking up, on the bare mention of ‘interpol’!!
just found this on the FB page ‘utoken is a scam’:
but haha, there’s a sentence in the report that claims danial tay is being hunted by the royal malaysian police [RMP] and thailand police.
hello malaysia, tay’s been partying in kuala lumpur over the last three days! howdya miss that?!
it’s okay if malaysia wants to save face, as long as they act now!
utusan.com.my/berita/jenayah/datuk-dalang-tipu-dipantau-1.85915
there’s a news clip about ufun today , that rodney burton has linked to on his FB page.
wonder what it is about, that rodney ‘global ambassador’ burton found it fit to grace his FB page?
youtube.com/watch?v=ClhvB5lA-VY&app=desktop
who can tell??? be helpful!!
this is what utoken news is reporting about the clip :
whats going on ??
et tu thailand !!
is songmetta and his investigation going to become a victim of political games?
on one hand malaysia today announces that they will investigate ufun, and on the other hand the thailand attorney general announces there is not enough evidence to support a ‘criminal case’ in thailand?
is there some wheelin’ and dealin’ going on between thailand and malaysia?— hey, lets keep interpol and other countries out of this. lets deal with this ‘complicated matter’ ourselves, we’re neighbors and all!
oz, report on duty, or get your ass kicked.
1. Since the evidence is not sufficient & involved perpetrators from several countries, Thailand Attorney General wants the police to find more evidence in order to charge them with severe penalty in today meeting.
2. As such with more evidence needed the Attorney General will only meet up again in 1-2 weeks time with the police for the next course of action.
3. Seem that the perpetrators will be free roaming around in several countries until more concrete black & white evidence is found by the authorities to bring the perpetrators back to face justice!
Krobkruakao3: Assistant Commissioner of Police, Attorney General’s Office has not been the case, pyramid schemes teeth. Transnational crimes Due to lack of evidence Prepare for further evidence to send to the prosecutor for consideration again in 1-2 weeks.
krobkruakao.com/ข่าวอาชญากรรม/124322/ตร-ขยายผลคดีแชร์ลูกโซ่ยูฟัน.html
Yeah, Burton’s all over this and making it sound as if case had been dismissed.
Any Thai readers care to comment?
Ah, now it makes sense.
Thai Police already got enough to prosecute locally. They aren’t stopping.
The OAG announcement is for Thai Police’s request of escalation and declaration to elevate the case to “transnational crime” status and invoke ASEAN charter to prosecute throughout Asia (and Interpol assistance, of course).
Seems so far Thai Police have only had LOCAL (Thai) victims and there’s not enough evidence of victims outside of Thailand for OAG to act, so OAG gave them two weeks.
nationmultimedia.com/national/UFUN-case-a-transnational-crime-police-30259107.html
Rodney is bull****ing that the whole case’s been dropped.
The April 16 letter from Thai police to Malaysian police only requested information about those 3 suspects. It didn’t request any action.
The Thai police will need to verify that they have identified the suspects correctly before they can request any actions. And they probably have some “correct procedures” they will need to follow.
Some legal standards for “Burden of Proof” (in the U.S.):
The Thai police probably had enough evidence to get an arrest warrant from a court in Thailand, to arrest people locally to prevent them from fleeing the country / hampering evidence / threatening witnesses / continue with crimes.
Bear with me, just woke up. Going over what was reported overnight.
Edit: And we’re live – https://behindmlm.com/companies/ufun-club/thai-police-to-escalate-ufun-club-ponzi-case/