{"investigation":{"slug":"p-miner-cryptocurrency-group","entity_name":"P Miner Cryptocurrency Group","trust_score":3,"severity_base":null,"score_modifier":0,"confidence":0.72,"status":"published","content_type":"investigation","summary":"P Miner Cryptocurrency Group Company Limited is a Thailand-based company whose executives, led by chief executive Kittikorn Inta, are accused by Thailand's Department of Special Investigation (DSI) of running a Ponzi-style scheme that lured the public into cryptocurrency trading and Bitcoin-mining investments with promised annual returns of 69%–419%. The DSI submitted inquiry files in April 2026 to prosecute eight suspects (five still fugitives) for public fraud and computer-data falsification, after earlier 2022 raids and asset seizures tied to several hundred alleged victims. More than 250 million baht (roughly $7 million) in seized assets has been forwarded to Thailand's Anti-Money Laundering Office for potential victim compensation; a separate, larger DSI probe into Chinese-linked illegal crypto mining and laundering networks is unrelated to P Miner based on available sourcing.","sections":[{"content":"P Miner Cryptocurrency Group Company Limited, based in Chiang Mai, Thailand, allegedly solicited public investment in cryptocurrency trading and Bitcoin mining through more than 30 separate mining schemes promoted via Facebook and LINE. According to Thai police and the Department of Special Investigation (DSI), the company offered investors annual returns of 69.38% to 419.75%, figures far above any legitimate market return. Investors reportedly received investment contracts outlining promised payouts, which gave the appearance of a legitimate operation. After paying some early returns, the company allegedly declared a 'liquidity problem' and stopped paying dividends, after which executives became unreachable — a pattern consistent with a Ponzi scheme in which early payouts are funded by later investors' capital rather than genuine trading or mining profits. These are allegations under active investigation and prosecution; no criminal conviction has been reported.","heading":"Background and Alleged Scheme","sources":[{"url":"https://www.dsi.go.th/en/Detail/78bbdf19025853536e67c41a09b4eef7","name":"DSI: Submitted Inquiry Files to Prosecute 8 Suspects from P Miner Cryptocurrency Group Ponzi Scheme","type":"official","credibility":1},{"url":"https://www.pattayamail.com/thailandnews/police-seize-assets-from-illegal-crypto-firm-ceo-in-chiang-mai-409580","name":"Police seize assets from illegal crypto firm CEO in Chiang Mai","type":"news_article","credibility":2}],"severity":"critical"},{"content":"In 2022, Thai cybercrime police raided homes in Chiang Mai belonging to Kittikorn Inta, identified as chief executive officer of P Miner Cryptocurrency Group, and his girlfriend, Natthawadee Prompanya. Police seized assets reportedly worth more than 200 million baht, including luxury vehicles and 117 bank account books holding deposits of about 112 million baht. Arrest warrants were issued for the pair on allegations of public fraud tied to the investment scheme. At the time, 341 victims had filed complaints with police via Thailand's online police-complaint portal, citing combined damages of 439 million baht, while a further roughly 500 people had filed complaints directly with the DSI. One Thai broadcast report cited an even higher damage estimate, over 1 billion baht, though this figure has not been corroborated by other outlets and is treated here as low-confidence. Some outlets have spelled the CEO's name as 'Nitikorn Inta' rather than 'Kittikorn Inta'; the latter spelling appears in the earliest and most detailed English-language reporting.","heading":"2022 Raid, Arrest Warrants and Initial Victim Reports","sources":[{"url":"https://www.pattayamail.com/thailandnews/police-seize-assets-from-illegal-crypto-firm-ceo-in-chiang-mai-409580","name":"Police seize assets from illegal crypto firm CEO in Chiang Mai","type":"news_article","credibility":2},{"url":"https://old.thaipbsworld.com/?p=296452","name":"Thai PBS World coverage of the case","type":"news_article","credibility":2}],"severity":"critical"},{"content":"On Friday, April 17, 2026, the DSI's Bureau of Illegal Financial Business submitted 161 inquiry files, under Special Case No. 290/2565, to the special prosecutor of Thailand's Office of the Attorney General's Special Litigation Department, recommending prosecution of P Miner Cryptocurrency Group Company Limited and its accomplices — eight suspects in total, five of whom remained fugitives as of the filing. The recommended charges include joint public fraud, joint public fraud by dishonest or deceptive means, and bringing false or fabricated data into a computer system in a manner likely to cause public damage. Thai courts have issued arrest warrants and public wanted notices for the fugitive suspects. As of the most recent available reporting, no trial date or verdict has been reported.","heading":"April 2026 DSI Prosecution Filing","sources":[{"url":"https://www.dsi.go.th/en/Detail/78bbdf19025853536e67c41a09b4eef7","name":"DSI: Submitted Inquiry Files to Prosecute 8 Suspects from P Miner Cryptocurrency Group Ponzi Scheme","type":"official","credibility":1}],"severity":"critical"},{"content":"Thai authorities seized 264 items of property linked to the case, under Anti-Money Laundering Transaction Committee Orders Yor 229/2568 and Yor 263/2568, with a combined value exceeding 250 million baht (roughly $7 million). The seized assets reportedly include bank deposits (over 113 million baht), digital assets (about 49 million baht), life insurance policies, land, apartments, and luxury vehicles including Bentley, Porsche, Ferrari, Lamborghini and BMW cars, plus Harley-Davidson and Indian motorcycles. According to the DSI, these assets were seized to facilitate civil compensation measures for victims and were directed toward Thailand's Anti-Money Laundering Office (AMLO) for distribution. A Thai-language online forum discussion, citing local reporting, states the formal handover of roughly 251 million baht to AMLO occurred around October 22, 2025; this specific handover date could not be independently confirmed against a Tier 1 or Tier 2 source and is treated as low-confidence.","heading":"Asset Seizure and Victim Compensation","sources":[{"url":"https://www.dsi.go.th/en/Detail/78bbdf19025853536e67c41a09b4eef7","name":"DSI: Submitted Inquiry Files to Prosecute 8 Suspects from P Miner Cryptocurrency Group Ponzi Scheme","type":"official","credibility":1},{"url":"https://aseannow.com/topic/1376765-dsi-hands-over-seized-crypto-assets-worth-%E0%B8%BF251m-to-amlo/","name":"ASEAN NOW forum discussion of DSI asset handover to AMLO","type":"community_report","credibility":3}],"severity":"high"},{"content":"Independently of the P Miner case, the DSI has conducted a larger investigation into illegal electricity-tapping crypto mining operations allegedly used to launder proceeds from call-center scams and cross-border online gambling, with financial flows described by the DSI as exceeding 10 billion baht (roughly $300 million) annually. That probe, which grew out of 2025 raids on three mining networks and seized more than 6,390 mining machines, centers on different suspects — including Chinese financier Wang Yicheng, for whom Thailand has sought arrest — and different conduct (electricity theft and laundering of scam/gambling proceeds) than the public-fraud allegations against P Miner. Searches of DSI, Decrypt, and Thai-language press coverage of this broader network found no mention of P Miner Cryptocurrency Group, and no source reviewed establishes a confirmed connection between the two matters. Any characterization of P Miner as part of this larger $300 million network should be treated as unverified.","heading":"Separate, Broader DSI Crypto-Mining and Laundering Probe (No Confirmed Link to P Miner)","sources":[{"url":"https://decrypt.co/371854/thailand-expands-crypto-mining-probe-into-300m-chinese-laundering-network","name":"Thailand Expands Crypto Mining Probe Into $300M Chinese Laundering Network","type":"news_article","credibility":2},{"url":"https://www.infoquest.co.th/?p=603153","name":"DSI ทลายเครือข่ายทุนเทาจีน โยงเหมืองคริปโทฯ เถื่อน-ฟอกเงินข้ามชาติ เงินหมุนเวียนกว่าหมื่นล้านต่อปี","type":"news_article","credibility":2},{"url":"https://thestandard.co/dsi-busts-crypto-mining-fraud/","name":"DSI busts crypto mining fraud (The Standard)","type":"news_article","credibility":2}],"severity":"medium"}],"timeline":[{"date":"2022-09","event":"Thai cybercrime police raid Chiang Mai homes linked to P Miner Cryptocurrency Group CEO Kittikorn Inta and his girlfriend, seizing assets reportedly worth over 200 million baht and issuing arrest warrants for alleged public fraud; 341 victims had filed police complaints totaling 439 million baht in damages, with roughly 500 more filing with the DSI.","source":"Pattaya Mail","source_url":"https://www.pattayamail.com/thailandnews/police-seize-assets-from-illegal-crypto-firm-ceo-in-chiang-mai-409580"},{"date":"2025-09","event":"Thailand's Anti-Money Laundering Office issues transaction committee orders (Yor 229/2568 and Yor 263/2568) to seize 264 items of property worth over 250 million baht tied to the P Miner case for victim compensation.","source":"Department of Special Investigation (DSI)","source_url":"https://www.dsi.go.th/en/Detail/78bbdf19025853536e67c41a09b4eef7"},{"date":"2026-04-17","event":"DSI submits 161 inquiry files under Special Case No. 290/2565 to the special prosecutor, recommending prosecution of P Miner Cryptocurrency Group Company Limited and eight suspects (five fugitives) for public fraud and computer-data falsification.","source":"Department of Special Investigation (DSI)","source_url":"https://www.dsi.go.th/en/Detail/78bbdf19025853536e67c41a09b4eef7","date_evidence":"On Friday, April 17, 2026, Police Lieutenant Colonel Anon Untrijan, Director of the Bureau of Illegal Financial Business"}],"sources_used":[{"url":"https://www.dsi.go.th/en/Detail/78bbdf19025853536e67c41a09b4eef7","name":"DSI: Submitted Inquiry Files to Prosecute 8 Suspects from P Miner Cryptocurrency Group Ponzi Scheme","type":"official","archive_url":"http://web.archive.org/web/20261026041445/https://www.dsi.go.th/en/Detail/78bbdf19025853536e67c41a09b4eef7","credibility":1,"archive_timestamp":"2026-10-26T04:14:45+00:00"},{"url":"https://www.pattayamail.com/thailandnews/police-seize-assets-from-illegal-crypto-firm-ceo-in-chiang-mai-409580","name":"Police seize assets from illegal crypto firm CEO in Chiang Mai","type":"news_article","archive_url":"http://web.archive.org/web/20261026041509/https://www.pattayamail.com/thailandnews/police-seize-assets-from-illegal-crypto-firm-ceo-in-chiang-mai-409580","credibility":2,"archive_timestamp":"2026-10-26T04:15:09+00:00"},{"url":"https://old.thaipbsworld.com/?p=296452","name":"Thai PBS World coverage of the case","type":"news_article","archive_url":null,"credibility":2,"archive_timestamp":null},{"url":"https://www.bangkokpost.com/thailand/general/1792944/dsi-ponzi-investigations-snowball","name":"DSI Ponzi investigations snowball (Bangkok Post)","type":"news_article","archive_url":"http://web.archive.org/web/20261026041954/https://www.bangkokpost.com/thailand/general/1792944/dsi-ponzi-investigations-snowball","credibility":1,"archive_timestamp":"2026-10-26T04:19:54+00:00"},{"url":"https://aseannow.com/topic/1376765-dsi-hands-over-seized-crypto-assets-worth-%E0%B8%BF251m-to-amlo/","name":"ASEAN NOW forum discussion of DSI asset handover to AMLO","type":"community_report","archive_url":null,"credibility":3,"archive_timestamp":null},{"url":"https://decrypt.co/371854/thailand-expands-crypto-mining-probe-into-300m-chinese-laundering-network","name":"Thailand Expands Crypto Mining Probe Into $300M Chinese Laundering Network","type":"news_article","archive_url":null,"credibility":2,"archive_timestamp":null},{"url":"https://www.infoquest.co.th/?p=603153","name":"DSI ทลายเครือข่ายทุนเทาจีน โยงเหมืองคริปโทฯ เถื่อน-ฟอกเงินข้ามชาติ เงินหมุนเวียนกว่าหมื่นล้านต่อปี","type":"news_article","archive_url":null,"credibility":2,"archive_timestamp":null},{"url":"https://thestandard.co/dsi-busts-crypto-mining-fraud/","name":"DSI busts crypto mining fraud (The Standard)","type":"news_article","archive_url":"http://web.archive.org/web/20261026041928/https://thestandard.co/dsi-busts-crypto-mining-fraud/","credibility":2,"archive_timestamp":"2026-10-26T04:19:28+00:00"}],"source_tags":[],"addresses":[],"reviewed":false,"reviewed_by":null,"model_used":"claude-code-investigator","created_at":"2026-10-26T04:14:04.079318+00:00","updated_at":"2026-10-26T04:59:35.425053+00:00"},"source_quality":{"total":8,"tier1":0,"tier2":1,"tier3":0,"unrated":7},"follower_count":null,"content_updated_at":"2026-10-26T04:14:04.457Z","last_fact_checked_at":null,"fact_check_next_allowed_at":null,"update_next_allowed_at":null}