DSI arrested a team leader for deceiving investors in a foreign stock trading business, Gain Cities.

DSI arrested a team leader for deceiving investors in a foreign stock trading business, Gain Cities.

On Tuesday, February 18, 2025, at approximately 12:10 PM, Operation team 3 of the Department of Special Investigation (DSI)’s Surveillance and Intelligence Division, under the direction of Mr. Withawat Sukantharos, Head of Surveillance and Intelligence Division, conducted an operation in coordination with the investigative police team of Patong Provincial Police Station, Phuket, arrested Ms. Priyapat (surname withheld), a suspect under the Criminal Court Arrest Warrant No. 2087/2564 , issued on December 14, 2021, on charges of “jointly committing an offence of involvement in the transnational organized crime, jointly committing borrowings which are regarded as public fraud, and jointly committing public fraud.” The suspect was arrested at a residence in Patong Subdistrict, Kathu District, Phuket Province. Officers informed her of the charges and rights under the Criminal Procedure Code. They also notified her that the arrest and detention process would be continuously recorded via audio and video until she was handed over to the special case inquiry official, in accordance with the Prevention and Suppression of Torture and Enforced Disappearance Act, B.E. 2565 (2022). The suspect was then taken into custody and handed over to the special case inquiry official responsible for the case to proceed with legal action.

This case is designated as Special Case No.139/2561, the Bureau of Foreign Affairs and Transnational Crime, involving a fraud where victims were deceived into investing in foreign stock trading with Gain Cities Co., Ltd., which may constitute an offence under the Emergency Decree on Borrowing, which are Regarded as Public Cheating and Fraud, B.E. 2527 (1984) and its amendments. Ms. Priyapat (surname withheld), the suspect, acted as the financial advisor for the team leader who recruited people to invest in foreign stock trading with Gain Cities Co., Ltd., and she is currently on the run.

The operation to arrest the suspect under the arrest warrant in special cases was carried out in accordance with the directives of Pol.Maj. Yutthana Praedam, Director General of the DSI. He assigned the Surveillance and Intelligence Division, a unit under his direct command, to form an operations team to track and arrest suspects under arrest warrants, particularly those nearing the statute of limitations. The objective is to bring the fugitive suspects into the justice system.