11 July 2024

A Singaporean, wanted by Thai authorities for alleged involvement in the Forex 3-D currency futures pyramid scam, was arrested at Phuket International Airport on Monday morning, as he was about to board a plane back to Singapore.

Department of Special Investigation (DSI) Deputy Director-General Pol Maj Yutthana Praedam said that Thai immigration officials at the airport identified Daryl Young from his passport and found him on the DSI’s wanted list.

Young was taken into custody at the airport. He will be flown to Bangkok today (Monday) and handed over to DSI officers.

The DSI searched his condo in Bangkok’s Bang Phlat area on Saturday, but he had already left the room. Only his wife was in residence.

Young is among the third group of suspects charged with public fraud and violations of the Computer Crime Act, in connection with the currency futures scam. Several celebrities have also been implicated.

Forex-3D was a currency futures investment scheme, created by a forex exchange company called RMS Familia. It was founded in 2015, with a young Apiruk Kothi appointed as chief executive officer.