Finnish investor drops complaint
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Finnish investor drops complaint

Finnish investor Aarni Otava Saarimaa has withdrawn his complaint against two local businessmen in the 797-million-baht bitcoin fraud case.

However, police will charge the parents of the actor Jiratpisit Jaravijit, also known as "Boom", involved in the alleged fraud with money-laundering.

The prime suspect, Mr Jiratpisit's younger brother Prinya Jaravijit, is still at large and is believed to be overseas. Pol Col Chakrit said Mr Prinya's lawyer told police his client had postponed his surrender to Sept 17.

Mr Saarimaa transferred bitcoins to Mr Prinya, who allegedly did not spend the money on the agreed investments, but stole much of it.

Police intend to charge him with fraud in the alleged theft of bitcoins from Mr Saarimaa. Mr Jiratpisit was arrested earlier and charged with money-laundering.

Pol Col Chakrit Sawasdee, deputy commander of the Crime Suppression Division, said yesterday that Mr Saarimaa withdrew the complaint against Prasit Srisuwan and Chakris Ahmad last Thursday, after they reached agreement on a settlement. Mr Prasit is a prominent stock trader and Mr Chakris is a major shareholder of Expay Software Co.

Pol Col Chakrit said he did not know how much compensation was involved in the settlement.

Mr Saarimaa was permitted to withdraw the complaint because by law a fraud case could be settled.

He also said interrogators would summon Suwit Jaravijit and his wife Lertchatkamol this week to acknowledge money-laundering charges, because they received money paid by their son Prinya into their bank accounts.

The Finnish investor, together with Thai businesswoman Chonnikan Kaewkasee, complained to the CSD in January about losing bitcoins worth 797 million baht to Mr Prinya and his group, who were supposed to invest the money in the shares of three firms including Mr Chakris' Expay Software Co, in June last year.

Police found that Mr Prinya's group, including Mr Prasit and Mr Chakris, invited Mr Saarimaa to invest 92.69 million baht in Expay Software Co, 440 million baht in Dragon Coin and 264.78 million baht in companies listed on the Stock Exchange of Thailand.

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