11 minutes agoSentenced to 13,275 years in prison, that's why
Periskopi(8 years ago)
(8 years ago)A court in Thailand convicted a citizen of more than 130 centuries in prison for fraud, with the correct 1375 years. Peud Kitithradok, 34, acknowledged that he had organized a pyramid scheme and stole money from people who were deceived by high percentages of profit. More than 400,000 people were [...]
A court in Thailand convicted a citizen of more than 130 centuries in prison for fraud, with the correct 1375 years.
Peud Kitithradok, 34, acknowledged that he had organized a pyramid scheme and stole money from people who were deceived by high percentages of profit. More than 400,000 people were deceived and invested over $160m in fake companies created by him.
The court found the indictee guilty of illegal loans and 2653 fraud charges. The gathering of years on each charge resulted in a colossal sentence. Because he confessed and confessed his crimes, however, his sentence was halved to 6637 years in prison.
But experts say he is not expected to do more than 20 years in prison, as Thai law imposes a maximum of 10 years in prison for these charges, however often they are repeated.
Media in Bangkok write that despite the huge punishment that caused the headlines and appeals expected to follow, the only enigma of the issue is the millions that Puddi received and disappeared without a trace.
