The Anti-Money Laundering Office (Amlo) has seized assets worth approximately 125 million baht from The iCon Group, its CEO, and three others for a period of 90 days. This decision was made while investigations are ongoing into allegations of running a pyramid scheme and fraudulent activities. The assets that were impounded included money in various accounts such as stock trading, current, savings, and digital asset trading accounts.
Furthermore, the investigation into iCon’s practices has gained momentum as more than 1,100 individuals have reported financial losses due to their involvement with the company. In addition to financial misconduct, the police are also looking into claims that a politician solicited bribes from the CEO of iCon to avoid scrutiny by a House committee.
During a recent interview, the iCon CEO confirmed that a voice recording circulating online, allegedly of a conversation between him and the politician, was indeed his voice. However, he declined to disclose the identity of the other person involved in the conversation. The police are currently analyzing the audio clip to determine its authenticity and possible manipulation.
Moreover, the Department of Special Investigation (DSI) is conducting a separate investigation into iCon’s financial statements since its establishment in 2019. Several irregularities have been uncovered, including discrepancies in income, expenses, and the company’s balance sheet.
In a related development, an iCon Group-owned clinic specializing in health and dietary supplements is under scrutiny for employing a fake doctor. The Department of Health Service Support (DHSS) is investigating whether the clinic is associated with an individual known as “Boss Mor Ek”, who is not a licensed medical practitioner. Legal action will be taken against the clinic if it is found to be in violation of hiring regulations.
The Medical Council of Thailand and the DHSS have filed complaints against “Boss Mor Ek” for falsely claiming to be a medical professional. The DHSS plans to conduct a site visit to the clinic to verify the employment status of this individual. If the clinic is found to be employing unlicensed personnel, the owner will face legal consequences.
Overall, the investigations into The iCon Group’s alleged fraudulent activities, bribery claims, and employment discrepancies are ongoing. Authorities are committed to uncovering the truth behind these accusations and holding accountable those involved in illegal practices.