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Bitcoin Swindler Has His Passport Revoked After Being Convicted of Money Laundering

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Wed, 10/10/2018 - 15:29
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Bitcoin Swindler Has His Passport Revoked After Being Convicted of Money Laundering
Cover image via U.Today
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On Oct. 9, Thai authorities impounded assets from Jiratpisit “Boom” Jaravijit and his family members. Now, Bangkok Post reports that his elder brother Prinya Jaravijit, who also was involved in a $24 mln Bitcoin scam, has had his passport revoked by the Foreign Ministry of Thailand.

Mr. Prinya, who is currently in the US, does not have a possibility to go back to Thailand and turn himself into the police because of his passport cancellation. From now on, his stay in the US is considered to be illegal.

It is worth mentioning that Mr. Prinya, not his famous younger brother, was the one who pulled off the whole scam. Still, Jiratpisit “Boom” Jaravijit was the first suspect arrested in this case.

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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