Arrest warrant for Miss Universe co-owner issued after court no-show in fraud case
Fox News
Bangkok court issues arrest warrant for Miss Universe co-owner for Jakkaphong 'Anne' Jakrajutatip, after Jakrajutatip failed to appear in court.
Michael Dorgan is a writer for Fox News Digital and Fox Business.
Jakkaphong’s company, JKN Global Group, bought Miss Universe in 2022 and then sold 50% the following year to Legacy Holding Group USA, which is owned by Mexican businessman Raúl Rocha Cantú. You can send tips to michael.dorgan@fox.com and follow him on Twitter @M_Dorgan.
JKN is accused of cheating investor Raweewat Maschamadol during a 2023 corporate-bond deal that Maschamadol says cost him roughly $930,000. He says Jakkaphong and JKN misrepresented the company’s financial health when selling him the bonds. JKN ceased making investor payments in 2023, effectively erasing the value of the corporate bonds.
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