Warathaphon “Boss Paul” Waratyaworrakul, The iCon Group’s founder and CEO, is in police custody on Friday. (Photo: Nutthawat Wichieanbut)
Authorities have urged damaged parties to come forward and file complaints against suspects in the scandal engulfing The iCon Group as investigations continue into allegations that it ran a pyramid scheme.
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Warathaphon “Boss Paul” Waratyaworrakul, The iCon Group’s founder and CEO, is in police custody on Friday. (Photo: Nutthawat Wichieanbut)
Authorities have urged damaged parties to come forward and file complaints against suspects in the scandal engulfing The iCon Group as investigations continue into allegations that it ran a pyramid scheme.
While 18 suspects including the company’s CEO and founder have been arrested, the fraud scandal, one of the largest in recent years, will not be the last as pyramid scams and other fraudulent investment schemes are still thriving, authorities said.
Despite the well-documented risks…