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Bangkok Post
Bangkok Post
National

Couple get 12,640 years each for investment fraud

Wantanee Tippaveth arrives at the Criminal Court for a hearing on Jan 27, 2020. She and her husband Methi Chinpha were sentenced to long prison terms for investment fraud on Wednesday. (File photo)

The Criminal Court on Wednesday handed down prison terms totalling 12,640 years each to a married couple who defrauded people into investing in a bogus savings scheme, with victims reporting cumulative losses of 1.3 billion baht.

The terms were commuted to 5,056 years because they confessed. All sentences are consecutive, but the law limits their total prison time to 20 years each.

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