Miss Universe owners face fraud and trafficking allegations
Summary
The owners of the Miss Universe competition face legal problems. Anne Jakkaphong Jakrajutatip, the Thai owner of JKN Global, is wanted in Thailand for missing a court hearing over a financial dispute. Another owner, Raúl Rocha Cantu, is under investigation in Mexico for alleged involvement in drug and weapons trafficking.Key Facts
- The Miss Universe competition's owners are facing legal issues in Thailand and Mexico.
- Anne Jakkaphong Jakrajutatip, owner of JKN Global, is wanted in Thailand for missing a court date related to a financial dispute.
- JKN Global has financial difficulties, owing around 3 billion baht ($92.63 million).
- The company was fined 4 million baht ($124,000) by Thailand's SEC for misleading financial information.
- JKN Global did not disclose its agreement to sell 50% of Miss Universe shares to Raúl Rocha Cantu.
- Cantu is under investigation in Mexico for alleged drug and weapons trafficking.
- Cantu has not been formally named in the charges, but 13 others are charged in Mexico.
- The Miss Universe Pageant concluded on November 21 amid these controversies.
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