The Department of Special Investigation (DSI) decided today to file four charges against 18 executives of iCon Group and to submit the cases to the Special Cases Office of the Office of the Attorney General.
DSI Deputy Director-General Watcharin Phanurat said that the charges are defrauding the public in the form of a pyramid scheme, violating the Borrowings Decree, violations of direct marketing and direct sales laws and violations of the Computer Crime Act.
He explained that the case files have been divided into a group concerning about 7,000 victims in the country and the group being victims who are living overseas but which will involve public prosecutors.
He also said that the DSI is confident it has sufficient evidence to prove that the company had actually operated a pyramid scheme, instead of purely engaging in a direct marketing exercise
