Finn 'satisfied' after bitcoin scandal talks

Finn 'satisfied' after bitcoin scandal talks

Finnish investor Aarni Otava Saarimaa and his Thai business partner Chonnikan Kaeosali arrive at the Crime Suppression Division. (Photos by Wassayos Ngamkham)
Finnish investor Aarni Otava Saarimaa and his Thai business partner Chonnikan Kaeosali arrive at the Crime Suppression Division. (Photos by Wassayos Ngamkham)

Finnish businessman Aarni Otava Saarimaa, who lost millions of baht in an alleged high-profile bitcoin scam, is now "satisfied" after negotiating a settlement deal with two key suspects who Tuesday acknowledged fraud charges pressed by the Crime Suppression Division (CSD).

"The two sides signed their joint agreement as evidence after talks," deputy CSD chief Pol Col Chakrit Sawasdee said after meeting Mr Saarimaa and the two Thai suspects -- well-known stock trader Prasit Srisuwan and Chakris Ahmad, a major shareholder of Expay Software Co.

Mr Prasit said he had been ready to report to the DSI since Monday but had to wait for Mr Saarimaa so they could hold the negotiations together with police.

Mr Saarimaa is "my friend and work colleague", Mr Prasit said, claiming they both fell victim to the scam, allegedly masterminded by Prinya Jaravijit, a prime suspect who has reportedly fled to the United States during the Department of Special Investigation's probe.

The two sides declined to elaborate what they discussed but signalled the outcome met their demands.

"My talks with them [Mr Prasit and Mr Chakris] turned out to be very satisfactory but I cannot give any details now," Mr Saarimaa said.

If they can reach a settlement, which is allowed by law in fraud cases, Mr Saarimaa can withdraw his complaints against the two suspects, Pol Col Chakrit said.

Major stock trader Prasit Srisuwan arrives at the Crime Suppression Division for questioning on fraud charges.

The Finnish investor, together with Thai businesswoman Chonnikan Kaeosali, complained to the CSD earlier about losing a total of 797 million baht to Mr Prinya's group, which allegedly lured the two into making huge investments by buying the shares of three firms including, Mr Chakris' Expay Software Co, last June.

Ms Kaeosali and Mr Saarimaa were also told to pay money in the form of bitcoins, a popular virtual currency, which was later secretly withdrawn by the suspects, according to investigators.

CSD investigators will acknowledge the fraud charges today for Mr Prinya and his two younger brothers -- Mr Jiratpisit and Mr Tanasit.

If Mr Prinya, who disappeared after the scam, fails to appear, the officers will seek a court warrant for his arrest.

Mr Prinya and Mr Jiratpitsit have been already charged with money laundering.

The CSD is also considering pressing the same money-laundering charges against the parents of Mr Prinya after questioning them on Monday.

The couple's bank accounts held 90 million baht allegedly transferred by Mr Prinya, although the two insisted on their innocence during questioning.


Do you like the content of this article?
COMMENT (24)

Charges laid in deadly Indonesian football stampede

JAKARTA: Indonesian authorities have charged six people, including three police officers, over a football stadium disaster that killed 131 at the weekend.

6 Oct 2022

Bangkok and neighbours seek to coordinate flood fight

Officials in Bangkok, Nonthaburi and Pathum Thani have started talks on cooperation to more effectively remedy their shared flooding woes.

6 Oct 2022

Day of terror

A teacher who survived Thursday's massacre in Nong Bua Lam Phu recounts how she was able to make her escape when the killer ran out of bullets.

6 Oct 2022