Actress Savika “Pinky” Chaiyadej and her mother on Tuesday told the Criminal Court they had never persuaded or duped anyone into investing in the Forex-3D Ponzi scheme.
Their testimonies were given during the examination of evidence at the Criminal Court on Ratchadaphisek Road on Tuesday.
The court hearing was attended by Apiruk Kothi, one of the alleged masterminds behind the scheme, along with 24 alleged accomplices, including Savika, her mother Sarinya and brother Sarayut.
Prosecutors filed a lawsuit against them following complaints about an investment scam that allegedly caused victims losses totalling 2.4 billion baht.
The Forex-3D scam had never been granted permission to operate by the Bank of Thailand, and many victims claimed to have placed their faith in the creditability of celebrities and influential figures apparently affiliated with the venture.
Funds collected by newcomers would be paid to existing investors. Existing investors would keep receiving dividends as long as there was a consistent flow of funds from new investors.
The court deliberated whether the defendants had failed to use the sums invested in providing returns to investors, which is considered fraud. Prosecutors divided those giving evidence into six groups, including those closely acquainted with victims,…
