Thirteen defendants plead not guilty to UFUN pyramid scheme charges

MONDAY, JULY 06, 2015
Thirteen defendants plead not guilty to UFUN pyramid scheme charges

Apichanat Saenkla and 12 other defendants allegedly linked to the UFUN pyramid scheme yesterday pleaded not guilty to five charges, including public fraud and violating the Transnational Organised Crime Act.

Prosecutors demanded that the defendants pay 2,451 people who allegedly lost money in the scheme Bt351.5 million in compensation plus 7.5 per cent interest per year until the full payment is made. 
The Ratchadapisek Criminal Court has set September 21 at the date for the evidence review session.