Thai co-owner of Miss Universe pageant dealing with an arrest warrant for alleged fraud

[ad_1] BANGKOK (AP) — A court docket in Thailand mentioned Wednesday that it has issued an arrest warrant for a co-owner of the Miss Universe Organization in reference to a fraud case.

Jakkaphong “Anne” Jakrajutatip was charged with fraud then launched on bail in 2023. She failed to seem as required in a Bangkok court docket on Tuesday. Since she didn't notify the court docket about her absence, she was deemed to be a flight danger, in line with an announcement from the Bangkok South District Courtroom.

The court docket rescheduled the listening to for Dec. 26.

In accordance with the court docket’s assertion, Jakkaphong and her firm, JKN International Group Public Co. Ltd., have been sued for allegedly defrauding Raweewat Maschamadol in promoting him the corporate’s company bonds in 2023. Raweewat says the funding precipitated him to lose 30 million baht ($930,362).

Financially troubled JKN defaulted on funds to buyers starting in 2023 and started debt rehabilitation procedures with the Central Chapter Courtroom in 2024. The corporate says it has money owed totaling about 3 billion baht ($93 million).

JKN acquired the rights to the Miss Universe pageant from IMG Worldwide LLC in 2022. In 2023, it bought 50% of its Miss Universe shares to Legacy Holding Group USA, which is owned by a Mexican businessman, Raúl Rocha Cantú.

Jakkaphong resigned from the entire firm’s positions in June after being accused by Thailand’s Securities and Change Fee of falsifying the corporate’s 2023 monetary statements. She stays its largest shareholder.

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Her whereabouts stay unclear. She didn't seem on the 74th Miss Universe competitors, which was held in Bangkok earlier this month.

This year’s competition was marred by varied issues, together with a sharp-tongued scolding by a Thai organizer of Fátima Bosch Fernández of Mexico, who was topped Miss Universe 2025 on Nov. 19. Two judges reportedly dropped out, with one suggesting that there was a component of rigging to the competition. Individually, Thai police investigated allegations that publicity for the occasion included unlawful promotion of on-line casinos.

On Monday, JKN denied rumors that Jakkaphong had liquidated the corporate’s property and fled the nation, however there was no fast response relating to the arrest warrant. She couldn't be reached for remark.

Jakkaphong is a widely known movie star in Thailand who has starred in actuality exhibits and is outspoken about her id as a transgender girl.

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