Arrest-warrant out for Miss Universe’s transgender co-owner accused of cheating investors

By Siearra Marlee

Jakkaphong “Anne” Jakrajutatip, the co-owner of the Miss Universe Organization, is wanted for failure to appear.

A court in Bangkok has issued a warrant after Jakrajutatip failed to appear on Tuesday in connection to an ongoing fraud case. She is accused of “cheating investor Raweewat Maschamadol during a 2023 corporate-bond deal that Maschamadol says cost him roughly $930,000,” Fox News reported. She did not notify officials that she would not be able to make it to her Tuesday court date, and the matter has been rescheduled to December 26, with Jakrajutatip being labeled a flight risk.

“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,” the outlet’s report continued.

The alleged victim claims that Jakrajutatip sold him the bonds while misrepresenting the company’s financial situation, and JKN would eventually go on to stop making the investor payments in 2023, a move that basically negated any value from the bonds.

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Read Full Article Here…(bizpacreview.com)

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