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Thai authorities have detained the actor Jiratpisit “Boom” Jaravijit in an alleged $24 million cryptocurrency scam.

Jiratpisit is one of the seven suspects. On July 26, the Criminal Court awarded a warrant for his arrest following a complaint from a Finnish man that he had fraudulently lured foreigners into investing 797 million bahts (nearly $24 million) worth of cryptocurrencies.

Jiratpisit "Boom" Jaravijit

Jiratpisit has been detained on charges of money-laundering activity, although he denies everything.

The cybercrooks promised to purchase shares in companies that invested in the cryptocurrency Dragon Coin. Investors did not receive dividends from their supposed investment or an invitation to a shareholders’ meeting. The Crime Suppression Division states that the criminals withdrew BTC from their e-wallets and then converted it to baht.

Coincidentally, this week, South Korean police raided the office Shinil Group, whose alleged crypto scam promised investors the spoils of Russian warship Dmitrii Donskoi, that sank 113 years ago.

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