Boiler room principals in Thailand continue to stay silent

On Aug. 18 the Defendants and selected business partners associated with the boiler room principals were informed that if a settlement with the defrauded victims has not been initiated before Aug. 28, the Consortium of Defrauded Victims will bring the name and shame campaign to the next level. So far the boiler room principals have maintained to be silent and have not responded to made allegations on this blog.

If the deadline is passed we will then start to name people and companies linked to the great boiler room washing machinery set up based on entities incorporated in Thailand. Detailed due diligence will then also be forward to relevant Thai and international legal agencies.

Stay tuned for further information about this on-going drama.

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