DSI Arrests Forex Broker Executive at Hospital

On July 15, 2025, special DSI investigators arrested Mallika (surname withheld), an executive and director of a prominent firm, under a criminal warrant dated July 13. She is accused of conspiracy to commit fraud, operating unlicensed securities brokerage services, conducting unauthorized futures trading, entering false computer data, and money laundering offenses. The arrest took place at a well-known hospital after Mallika claimed she was ill and required medical treatment, with plans to be discharged at 8:30 a.m. DSI officers executed the warrant and took her into custody before transferring her to the Technology and Information Crimes Division at the Government Complex for further legal proceedings. Officers continuously recorded video and audio throughout the arrest and custody transfer in compliance with Thailand's 2022 Anti-Torture Act. When Mallika arrived at DSI headquarters at 9:05 a.m., she was wearing a cream-colored long-sleeved shirt, brown trousers, a black face mask, and eyeglasses. When journalists attempted to ask if she had any statement regarding the arrests or connections to recently detained figure Coach James, Mallika declined to comment and kept her head down while being escorted upstairs for formal charges and questioning. DSI investigations revealed that four brokerage companies were involved in the scheme: one focused on training and seminars, one registered in Saint Vincent and the Grenadines, one offering technical analysis and investment education, and one registered in the United Kingdom that had been warned for operating without proper financial services licensing and operating as a scam.