BANGKOK — A court in Thailand said Wednesday that it has issued an arrest warrant for a co-owner of the Miss Universe Organization in connection with a fraud case.
Jakkaphong ''Anne'' Jakrajutatip was charged with fraud then released on bail in 2023. She failed to appear as required in a Bangkok court on Tuesday. Since she did not notify the court about her absence, she was deemed to be a flight risk, according to a statement from the Bangkok South District Court.
The court rescheduled the hearing for Dec. 26.
According to the court's statement, Jakkaphong and her company, JKN Global Group Public Co. Ltd., were sued for allegedly defrauding Raweewat Maschamadol in selling him the company's corporate bonds in 2023. Raweewat says the investment caused him to lose 30 million baht ($930,362).
Financially troubled JKN defaulted on payments to investors beginning in 2023 and began debt rehabilitation procedures with the Central Bankruptcy Court in 2024. The company says it has debts totaling about 3 billion baht ($93 million).
JKN acquired the rights to the Miss Universe pageant from IMG Worldwide LLC in 2022. In 2023, it sold 50% of its Miss Universe shares to Legacy Holding Group USA, which is owned by a Mexican businessman, Raúl Rocha Cantú.
In an unrelated case in Mexico, federal prosecutors announced Wednesday that Rocha Cantú has been under investigation since November 2024 for alleged organized crime activity, including drug and arms trafficking, as well as fuel theft.
The Attorney General's Office said in a statement that Raúl ''R'' was the target of the investigation. A federal agent who requested anonymity because they were not authorized to speak publicly about the investigation confirmed that was Rocha Cantú.
