THE former chairman of Chulalongkorn University Savings Cooperative – wanted for fraud after allegedly luring people into a lottery “scam” that caused hundreds of millions in damages – surrendered to the Crime Suppression Division (CSD) in Bangkok early yesterday morning.

Police have arrested a woman in Chiang Mai province who allegedly received Bt40 million to Bt60 million in ill-gotten gains from 2010 until last February from Dr Sawat Saengbangpla, the fugitive former chairman of the Chulalongkorn University Savings Cooperative.