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Thai companies accused of fraud in sales of medical gloves

Thai companies accused of fraud in sales of medical gloves

ABC News
Wednesday, November 03, 2021 02:25:55 PM UTC

Police in Thailand have announced the arrest of the head of a company suspected of cheating overseas buyers of millions of dollars paid for undelivered medical rubber gloves during the coronavirus pandemic

BANGKOK -- Police in Thailand announced Wednesday the arrest of the head of a company suspected of cheating overseas buyers of millions of dollars they paid for undelivered medical rubber gloves during the coronavirus pandemic.

Thai authorities have been cracking down on a surge in rubber glove fraud, including the sale of substandard and used gloves.

Police Lt. Gen. Jirabhob Bhuridej said Florida-based company Rock Fintek filed a complaint that Thailand’s Sufficiency Economy City Co. failed to deliver 2 million boxes of nitrile gloves worth $15.5 million for which it had paid a 40% deposit.

He said two other companies, from France and Hong Kong, also filed complaints about Sufficiency Economy City Co., which marketed gloves branded SkyMed.

Read full story on ABC News
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