Cars worth B120m seized from accused gold-fraud couple

Pol Maj Gen Withaya Sriprasertparp, commander of the Consumer Protection Police Division, walks past one of the luxury vehicles impounded on Tuesday. (Photos: Central Investigation Bureau)
Pol Maj Gen Withaya Sriprasertparp, commander of the Consumer Protection Police Division, walks past one of the luxury vehicles impounded on Tuesday. (Photos: Central Investigation Bureau)

Police have impounded luxury vehicles worth about 120 million baht in total owned by two gold retailers who are accused of fraud.

Police said four luxury vehicles were seized at premises in Ram Intra area of Bangkok and at a company in Pathum Thani on Tuesday. 

The seizures were related to the case involving Kornkanok “Mae Tuck” Suwannabut, 37, and her husband Kanpon Rueang-aram, 35, aka Pa Bia.

Customers have complained to police that the couple had sold them impure adornments they were led to believe were pure gold.

Impounded on Tuesday were a Porsche 911 Carrera S Coupe, a Lamborghini, a Ford Mustang Ecoboost Fastback and a Volkswagen Caravelle T69 van. Police also seized two Toyota pickup trucks and five motorcycles. The vehicles had an estimated total value of 50 million baht. 

Police had earlier impounded five other luxury vehicles owned by the couple. The vehicles' combined value was about 120 million baht.

Investigators had also frozen about 24 million baht in cash held in the couple's company bank accounts. Title to nine houses and 16 blocks of land was also being investigated, along with their ownership of luxury watches worth 28.7 million baht.

Ms Kornkanok and Mr Kanpon were arrested on Sept 30.

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Vocabulary

  • adornments: decorations -
  • fraud: the crime of intentionally deceiving someone or cheating in order to gain an advantage or benefit - การฉ้อโกง การหลอกลวง เล่ห์เพทุบาย
  • frozen assets: things owned by someone, especially money and property, that a court has ordered cannot be used by the owner until a final court decision has been made - การยึดหรือพิทักษ์ทรัพย์
  • impounded: taken away by the police - ยึดไว้เป็นของกลาง
  • impure: not pure, containing something unclean or an unwanted substance -
  • premises: the buildings and land that a business or organisation uses - ที่ดินและสิ่งปลูกสร้าง
  • pure: with nothing else added or included - โดยตรง
  • seize: to take control of a place or situation - เข้ายึดพื้นที่
  • seizure: the act of taking control of something, especially by using power or force - การบุกเข้ายึด
  • title deed: an official document that shows who legally owns a building or a piece of land - โฉนดที่ดิน

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