Bangkok, The SEC has additionally accused 8 offenders against DSI in the case of price manipulation. or securities trading volume MORE The Securities and Exchange Commission (SEC) accused 8 additional offenders, including (1) Mr. Phaisan Kasemsirinawin (2) Mr. Preecha Wasusopon (3) Mr. Panit Suphadadarat (4) ) Mr. Thianprasert Phonamphai (5) Mr. Worawut Srisophit (6) Mr. Phondej Uyanan (7) Miss Paranee Chawala and (8) Mr. Papinwich Rodbangyang to the Department of Investigation. Special case (DSI) in the case of creating the price or trading volume of securities of More Return Public Company Limited (MORE). At the same time, the action has been reported to the Anti-Money Laundering Office (AMLO). According to the SEC, it has proceeded to accuse a group of 32 individuals* as co-principals. In the case of jointly creating the price or trading volume of MORE securities during the period 18 July - 10 November 2022, with the behavior of sending trading orders in a manner that misleads the general public about t he price or purchasing volume or Sell ??securities including sending trading orders in a continuous manner The aim is to cause the price or trading volume of MORE securities to deviate from the normal market conditions, which is considered a violation of Section 244/3 (1) and (2) together with Section 244/5 and Section 244/6 of the Securities and Exchange Act B.E. 1992 (Securities Act) in conjunction with Section 83 of the Criminal Code to the investigating officer of the Office of the Provincial Crime Suppression Division on June 27, 2023 The SEC has been coordinated by a team of special case investigators** appointed in accordance with the Prime Minister's Order No. 288/2023, dated 24 October 2023, to consider investigating additional persons in cases where prices may have been created or The trading volume of MORE securities, which is based on the investigation of related facts. Together with the information received from the Office of the Narcotics Control Board, as the SEC's special investigation team, we found facts and evidence to support the belief that the above 8 people, in total, were working together with the persons at the SEC. The police chief has already accused him. Acting to create the price or trading volume of MORE securities during the period 18 July - 10 November 2022, which is considered a violation of Section 244/3 (1) and (2) together with Section 244/5 and Section 244/6 of the Emergency Decree. Securities Co., Ltd., in conjunction with Section 83 of the Criminal Code, the SEC has therefore filed charges against all 8 individuals with DSI to consider further legal proceedings. At the same time, the SEC has reported this action to the Anti-Money Laundering Office (AMLO) for further consideration. This is because the said offense is an unfair act regarding the trading of securities and futures contracts. This is a fundamental offense under the Anti-Money Laundering Act of 1999 and its amendments. In this additional examination It is a coordinated effort between the SEC and the special inv estigation team. According to the policy of working together proactively in investigating and investigating wrongdoing related to the capital market To increase efficiency in law enforcement However, the SEC's accusation is only the beginning of the criminal law enforcement process. Under this process Determining whether a person has broken the law is a step within the investigative authority of the investigating officer. Prosecution of the prosecutor's case as well as the discretion of the Court of Justice, respectively. 'In this case, the Department of Special Investigation received the case as a special case. The Crime Suppression Division, which has been working with the SEC since the beginning, was appointed as the SEC's special investigation team. We have continuously cooperated and worked with investigators. In the past, the SEC has already accused a number of culprits in the case of manipulating the price of MORE shares, which later appeared to have additional information and evidence from the SEC. Therefore, the SEC has expanded the results of the investigation to take additional action against offenders. The SEC is pleased and ready to fully support the work and cooperation with the investigating officers,' Mr. Anek Yuyuen, Deputy Secretary-General and spokesperson of the SEC said. Source: Thai News Agency