Overview
- Bangkok South Kwaeng Court delivered the verdict in absentia on Dec. 26 after Jakkraphong Jakrajutatip failed to appear.
- The court found she and JKN Global Group misled plastic surgeon Dr. Raveewat Maschamadol into buying 30 million baht in JKN bonds in July–August 2023.
- JKN Global Group was convicted as an accomplice and fined 40,000 baht under Thailand’s fraud statute.
- Thai authorities consider Jakrajutatip a flight risk under an active warrant, and media reports say she likely left the country and converted funds to cryptocurrency.
- The sentencing follows months of instability for Miss Universe ownership, as AP reported on Dec. 5 that co-owner Raúl Rocha’s Mexican bank accounts were frozen in a UIF investigation.