Thai fraudster sentenced to 13,275 years in prison

[alp227]

Source: BBC

A Thai court has sentenced a fraudster to more than 13,000 years in prison.

Pudit Kittithradilok, 34, admitted running a Ponzi scheme whereby he promised investors artificially high financial returns.

About 40,000 people were persuaded to pour more than $160m (£120m) into his companies.

The court found he engaged in illicit lending and some 2,653 counts of fraud. Thanks to his confession, it halved his sentence to 6,637 years and six months.

Read more: https://www.bbc.co.uk/news/world-asia-42518255

[guillaumeb]

1. So wiht time for good behavior,

He could be out in 3,319 years.

[Sneederbunk]

2. You just wait and see. He will be out in 7500.

[ProudLib72]

3. I hope he has a lot of crossword puzzles to pass the time. nt

[christx30]

4. I'd love to see this kind of thing happen to people

that engage in the IRS fraud calls, threatening people. Glad the IRS came out quickly last year and said "we won't contact you by phone. Don't believe them."

[olddad56]

5. It could have been worse, he could have gotten a life sentence

[paleotn]

6. That last 6 months will be the hardest.

[keithbvadu2]

7. Lawyer to prisoner... I've got good news and bad news for you.

Lawyer to prisoner... I've got good news and bad news for you.

Gimme the good news first.

I got your sentence completely reversed.

Then what's the bad news?

You remember, it was.... life.