Chamoy Thipyaso
Chamoy Thipayaso ( th, ชม้อย ทิพย์โส; ; born 27 November 1940) is a former employee of the Petroleum Authority of Thailand. She is known for receiving the world's longest prison sentence of lifetime imprisonment or 141,078 years for her involvement in a pyramid scheme that defrauded more than 16,000 Thais and is estimated to have been worth between $200 million and $301 million. Mae Chamoy Fund In the late 1960s, Thipayaso started a chit fund called the Mae Chamoy Fund, which was made to look like an oil share with high returns. Due to Thipayaso's connections with the Air Force and Petroleum Authority, the fund was able to sustain itself for a remarkably long time. Her connections to the military were a huge factor in political and business power, and so its apparent military backing made the scheme seem legitimate. The scheme drew in 16,231 clients, and was not shut down until the mid-1980s. Arrest and prison sentence The fund had a large number ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Thailand
Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is bordered to the north by Myanmar and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the west by the Andaman Sea and the extremity of Myanmar. Thailand also shares maritime borders with Vietnam to the southeast, and Indonesia and India to the southwest. Bangkok is the nation's capital and largest city. Tai peoples migrated from southwestern China to mainland Southeast Asia from the 11th century. Indianised kingdoms such as the Mon, Khmer Empire and Malay states ruled the region, competing with Thai states such as the Kingdoms of Ngoenyang, Sukhothai, Lan Na and Ayutthaya, which also rivalled each other. European contact began in 1511 with a Portuguese diplomatic mission to Ayutthaya, w ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Pyramid Scheme
A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal. Pyramid schemes have existed for at least a century in different guises. Some multi-level marketing plans have been classified as pyramid schemes. Concept and basic models In a pyramid scheme, an organization compels individuals who wish to join to make a payment. In exchange, the organization promises its new members a share of the money taken from every additional member that they recruit. The directors of the organization (those at the top of the pyramid) also receive a share of these payments. For the directors, the scheme is potentially lucrative—whether or not they do any work, the organization's membership has a strong ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Petroleum Authority Of Thailand
PTT Public Company Limited or simply PTT ( th, บริษัท ปตท. จำกัด (มหาชน)) is a Thai state-owned SET-listed oil and gas company. Formerly known as the Petroleum Authority of Thailand, it owns extensive submarine gas pipelines in the Gulf of Thailand, a network of LPG terminals throughout the kingdom, and it is involved in electricity generation, petrochemical products, oil and gas exploration and production, and gasoline retailing businesses. The company also owns Café Amazon, a popular coffee chain throughout South East Asia, which shops are often located next to PTT gas stations or inside malls. Affiliated companies include PTT Exploration and Production, PTT Global Chemical, PTT Asia Pacific Mining, and PTT Green Energy. History PTT is the largest corporation in the country and also the only company from Thailand listed in Fortune Global 500 companies. The company ranks 81st among top 500 on the Fortune 500, and 180 on the Forbes 20 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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List Of Longest Prison Sentences
This is a list of longest prison sentences ever given to a single person, worldwide. Listed are instances where people have been sentenced to jail terms in excess of a human lifetime, but effectively the same purpose. Note that many national legislations worldwide do not allow for such sentences. Since the sentence given is not necessarily equivalent to time served, see the list of longest prison sentences served for those who have spent the longest continuous time in prison. Out of the 18 listed prisoners who were sentenced to more than one life imprisonment or to life imprisonment plus additional time, 14 of them were in the United States. Prisoners sentenced to life imprisonment Prisoners not sentenced to life imprisonment These sentences differ technically from sentences of life imprisonment in that the designated jail times have specific lengths, although in practical terms they effectively serve the same purpose. Prisoners sentenced to 1,000 years or more in pri ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Pyramid Scheme
A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal. Pyramid schemes have existed for at least a century in different guises. Some multi-level marketing plans have been classified as pyramid schemes. Concept and basic models In a pyramid scheme, an organization compels individuals who wish to join to make a payment. In exchange, the organization promises its new members a share of the money taken from every additional member that they recruit. The directors of the organization (those at the top of the pyramid) also receive a share of these payments. For the directors, the scheme is potentially lucrative—whether or not they do any work, the organization's membership has a strong ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chit Fund
A chit fund is a type of rotating savings and credit association system practiced in India, Bangladesh, Sri Lanka, Pakistan other Asian countries. Chit fund schemes may be organized by financial institutions, or informally among friends, relatives, or neighbours. In some variations of chit funds, the savings are for a specific purpose. Chit funds are often microfinance organizations. History The chit fund is said to be an institution that has been handed down since ancient times. In 1887, William Logan, erstwhile Collector of the Malabar district of the Madras Presidency, described the custom of chit funds among friend groups in that region. In 1894, economic historian Edith Simcox mentioned that chit fund lotteries were used to raise money for special events like weddings in South India. Various reports in the 1930s point to the popularity of chit funds in current-day Kerala. In the 1930s and 1940s, between 1000 and 10,000 formal funds functioned in the state every year. Chit f ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bhumibol Adulyadej
Bhumibol Adulyadej ( th, ภูมิพลอดุลยเดช; ; ; (Sanskrit: ''bhūmi·bala atulya·teja'' - "might of the land, unparalleled brilliance"); 5 December 192713 October 2016), conferred with the title King Bhumibol the Great in 1987 (officially conferred by King Vajiralongkorn in 2019), was the ninth monarch of Thailand from the Chakri dynasty, titled Rama IX. Reigning since 9 June 1946, he was the world's longest-reigning current head of state from the death of Emperor Hirohito of Japan in 1989 until his own death in 2016, and is the third-longest verified reigning sovereign monarch in world history after King Louis XIV and Queen Elizabeth II, reigning for 70 years and 126 days. During his reign, he was served by a total of 30 prime ministers beginning with Pridi Banomyong and ending with Prayut Chan-o-cha. ''Forbes'' estimated Bhumibol's fortune – including property and investments managed by the Crown Property Bureau, a body that is neither private n ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Corporate Fraud
In criminology, corporate crime refers to crimes committed either by a corporation (i.e., a business entity having a separate legal personality from the natural persons that manage its activities), or by individuals acting on behalf of a corporation or other business entity (see vicarious liability and corporate liability). For the worst corporate crimes, corporations may face judicial dissolution, sometimes called the "corporate death penalty", which is a legal procedure in which a corporation is forced to dissolve or cease to exist. Some negative behaviours by corporations may not actually be criminal; laws vary between jurisdictions. For example, some jurisdictions allow insider trading. Corporate crime overlaps with: * white-collar crime, because the majority of individuals who may act as or represent the interests of the corporation are white-collar professionals; * organized crime, because criminals may set up corporations either for the purposes of crime or as vehicles f ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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White-collar Criminals
White collar may refer to: * White-collar worker, a salaried professional or an educated worker who performs semi-professional office, administrative, and sales-coordination tasks, as opposed to a blue-collar worker, whose job requires manual labor * White-collar crime The term "white-collar crime" refers to financially motivated, nonviolent or non-directly violent crime committed by individuals, businesses and government professionals. It was first defined by the sociologist Edwin Sutherland in 1939 as "a ..., a non-violent crime, generally for personal gain and often involving money * '' White Collar: The American Middle Classes'', a study of the American middle class by sociologist C. Wright Mills * ''White Collar'' (TV series), a police-procedural, dramatic television series starring Matt Bomer that premiered on the USA Network in 2009 * "White Collar", an episode of the sitcom ''The King of Queens'' * ''The White Collar'' (novel), a novel by Mikheil Javakhishvili ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Pyramid And Ponzi Schemes
A pyramid (from el, πυραμίς ') is a structure whose outer surfaces are triangular and converge to a single step at the top, making the shape roughly a pyramid in the geometric sense. The base of a pyramid can be trilateral, quadrilateral, or of any polygon shape. As such, a pyramid has at least three outer triangular surfaces (at least four faces including the base). The square pyramid, with a square base and four triangular outer surfaces, is a common version. A pyramid's design, with the majority of the weight closer to the ground and with the pyramidion at the apex, means that less material higher up on the pyramid will be pushing down from above. This distribution of weight allowed early civilizations to create stable monumental structures. Civilizations in many parts of the world have built pyramids. The largest pyramid by volume is the Great Pyramid of Cholula, in the Mexican state of Puebla. For thousands of years, the largest structures on Earth were pyramids ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Crime In Thailand
Crime in Thailand has been a defining issue in the country for decades, inspiring years of policy and international criticism. Drug use and corruption make up the majority of the crime in Thailand and due to this, many Thai administrations attempted to curtail the drug trade, most notably Thaksin Shinawatra with the 2003 War on Drugs. Since 2003 crime has been decreasing with the crime rate decreasing from 9.97 to 2.58. Despite this, juvenile delinquency has been increasing in recent years. In November 2015, ''The New York Times'' reported that in the fiscal year ending September 2015, the national police have seen a surge in thefts, burglaries, and robberies, more than 75,557 thefts and other property crimes in the fiscal year, 10.5 percent higher than the previous year. Violent crime was up 8.6 percent during the same period. These figures have been contested by the police and by Amorn Wanichwiwatana, a criminologist at Chulalongkorn University, who said he was not aware of any s ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |