Rich by Coin

Worawat “Acme” Narknawdee is believed to have left Thailand in November 2024, and police are seeking an Interpol Red Notice for his arrest. Authorities say the cryptocurrency investment scheme has left dozens of victims with losses estimated at 76 million baht. Sixty-one people have filed complaints with investigators, each reporting investments of between 1 million and 2 million baht, according to investigators. Investigators have prepared teams to question the victims, and police believe the number of complainants could rise further, potentially pushing total damages into the hundreds of millions of baht, he said on Tuesday.

The case initially appeared to fall under offences related to illegal borrowing, or pyramid schemes, as the suspect reportedly promised returns exceeding legal limits by as much as 100%, said Pol Maj Gen Thatphum. Responding to reports that Mr Worawat created his own digital token known as ACT, Pol Maj Gen Thatphum said the matter would require coordination with the Securities and Exchange Commission (SEC) to determine whether it violated regulations governing digital asset businesses. Checks found that the SEC filed two separate complaints against Mr Worawat in 2025. In the first case, investigators forwarded the case file to prosecutors and an arrest warrant was issued for the suspect.

Police are also gathering evidence to seek arrest warrants for additional suspects believed to be part of Mr Worawat’s network. However, investigators have so far found no links implicating his wife, the Thai-German actress Nutcha “Nonny” Schumacher. Authorities have determined that Mr Worawat left Thailand on Nov 15, 2024. Police have coordinated with Interpol to pursue a Red Notice based on the previous arrest warrants issued in 2025. Pol Maj Gen Thatphum said some victims continued to trust the suspect despite knowing he had previously been the subject of arrest warrants. Mr Worawat reportedly claimed the warrants were fabricated and sought to bolster his credibility by posing for photographs with prominent figures, which helped convince people to invest. Investigators say the pattern of deception has remained largely the same since 2024.