Interpol sought over Stark Corp scandal as losses mount to 38 billion baht

Interpol is currently sought by the Department of Special Investigation (DSI) to issue a red notice for the pursuit of the former chairman of a company known as Stark Corp, on charges of financial misconduct. The DSI issued this plea after the chairman did not adhere to the call to report to the DSI for acknowledging charges related to Stark’s financial statement anomalies.

It is understood that Chanin Yensudchai is part of a group of ten individuals who are under accusation by the Securities and Exchange Commission (SEC). Their alleged crime was the creation of deceptive statements for Stark Corp and collaborating establishments during the years 2021 and 2022, with the primary intention of defrauding others and acquiring their assets.

In conjunction with the SEC’s charges, Stark’s minority stakeholders and bondholders have…