Thai authorities announced on Wednesday the arrest of Kampee Kampeerayannon, CEO of Thailand’s Sufficiency Economy City Co., on charges of fraud and posting false information online.
The arrest was part of the government’s crackdown on a surge in rubber glove fraud including, the sale of substandard and used gloves.
Police Lt. Gen. Jirabhob Bhuridej said three companies from three countries – the US, France, and Hong Kong, filed complaints against Thailand’s Sufficiency Economy City Co. for failure to deliver orders.
According to Bhuridej, the US company Rock Fintek had paid a 40% deposit for two million boxes of nitrile gloves worth $15.5 million, but the order never arrived.
Meanwhile, the office of the Attorney announced that Pipatpon Homjanya, an employee of a Thai company called Paddy the Room Trading Co., was sentenced to four years in prison.
Pipatpon was found guilty of producing and trading substandard medical gloves and medical equipment and of using the trademark of other companies without permission.
Thai officials said the Paddy the Room Trading Co. had exported millions of substandard and secondhand gloves to the United States.
The company’s managing director, Luk-fei Yang Yang, a Chinese national, left Thailand before the police could arrest him.
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