The Securities and Exchange Commission (SEC) has filed a criminal complaint with the Economic Crime Suppression Division of the Royal Thai Police (ECD) against Mr. Morakot Chaithongkum for operating a securities business without a license.
- The SEC has filed a criminal complaint against Mr. Morakot Chaithongkum for operating a securities business without a license, based on evidence of conducting investment activities without the necessary authorization.
- The SEC warns investors to exercise discretion and only engage with licensed securities business operators to avoid potential risks associated with unlicensed entities.
- The SEC emphasizes its commitment to monitor legal proceedings and collaborate with relevant agencies to support law enforcement under the Securities and Exchange Act following the criminal complaint filing.
Based on information from a whistleblower and the SEC’s…
