The Criminal Court on Monday sentenced former businessman Prasit Jeowkok, 52, to a total of 1,155 years in prison for an investment scam and ordered he make payment of one billion baht in compensation to his victims.
The court found that Prasit, a native of Krabi province, and two other defendents in 2020 and 2021 lured many people online into investing in a business said to include tour packages, a cooperative and renting out luxury goods. They promised high returns, which were not paid.
