No one damaged by The iCon Group, says jailed CEO

WEDNESDAY, DECEMBER 11, 2024

Letter from jail penned by the group’s founder and posted on Facebook insists he is innocent of the charges and vows to explain further

In a letter written from prison where he is being detained while awaiting trial, the chief executive and founder of direct sales company The iCon Group writes that despite over 10,000 complaints filed against his company, there are no victims in this case.

Waranthaphon “Boss Paul” Waratyaworrakul and 17 executives of The iCon Group have been detained at the Bangkok Remand Prison and the Central Women Correctional Institution since October 18. They are charged with public fraud and violating the direct sales and direct marketing act.

The iCon Group has been accused of using celebrities to sell online business courses at cheap prices, before persuading those who attended to recruit new members and buy its products for resale, resulting in several victims facing financial loss.

No one damaged by The iCon Group, says jailed CEO

The letter was posted on Boss Paul’s personal Facebook page on Tuesday. The jailed CEO insists on his innocence in this case, while still believing that the judicial system will grant him bail so he can explain the truth to the public.

“Living in prison for nearly two months is not easy at all for someone like me who believes in his innocence,” Boss Paul wrote. “Communicating via letters will also never be able to convey all the truth that I intend to say from my heart.”

No one damaged by The iCon Group, says jailed CEO

He went on to say that there is not a single victim in The iCon Group case.

“Is there anyone who bought products from the company and did not receive them? Is there anyone who sold products and earned a profit but was denied payment? Is there anyone who was awarded a tour trip by the company and could not go on it?” Boss Paul wrote.

The CEO insisted that throughout 7 years of operation, The iCon Group has always delivered its products, compensations and awards to customers and sellers as promised, adding that this fact was not mentioned in any of the police complaints.

“If you are wondering why more than 10,000 complaints have been filed against me, I will explain it in the next letter,” said Boss Paul, hinting that he intends to reveal more in his future messages.