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B4.5bn in assets impounded in MORE fraud

Eighteen people facing charges in share manipulation case

Representatives of 11 affected securities firms meet with Economic Crime Suppression Division police on Nov 16, 2022, to discuss irregular trading of More Return Plc shares. (Photo supplied)

The Civil Court on Thursday ordered the temporary seizure of 4.47 billion baht worth of assets linked to parties accused of manipulating the share price of More Return Plc (MORE).

The order followed a request from the Office of the Attorney General, which had been asked earlier by the Anti Money Laundering Office (Amlo) to seek the seizure.

The OAG subsequently found evidence to back the request concerning 59 assets of the accused parties in the case,…

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