She collected over $25 million in payments for luxury goods, knowing orders could not be fulfilled.
Pansuk Siriwipa and her Singaporean husband, Pi Jiapeng, made headlines in 2022 as the couple involved in the $32 million luxury goods scam.
She faced a total of 180 charges, with the remaining 150 charges taken into consideration during sentencing. Instead of fulfilling orders, Pansuk used the money for personal expenses, such as a $58,000 private jet flight with Pi and their friends. She also bought a house worth more than $2.3 million in Bangkok and a Chevrolet Corvette registered in Pi’s name.Pansuk also used $120,000 of customers’ funds to renovate Tradenation’s retail store in Tanjong Pagar.
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