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Market Crash for 'Nuea Duang' Amulets Following Former Abbot's Arrest
Morning News TV3•15:04•Crime•
News
The market for highly prized 'Nuea Duang' amulets collapses as owners rush to sell or melt them down following the arrest of former abbot Phra Wachirayan (Chot).
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Events
Phra Wachirayan was ordained in 1997 at Wat Phutai Sawan.
The 'Nuea Duang' amulets were produced in 2006.
Phra Wachirayan rose through clerical ranks, becoming Abbot in 2022 and receiving a high rank in 2024.
In 2023, Anutin Charnvirakul publicly wore the amulet.
Police arrested the former abbot for embezzlement/misconduct.
The market for 'Nuea Duang' amulets crashed, leading to mass sell-offs and international concern.
Who & What's Involved
Wat Phutai SawanPhra Wachirayan (Chot)Anutin CharnvirakulRevenue DepartmentBhumjaithai PartyKanchai KamnerdployBright
Topics
Amulet MarketTemple EmbezzlementReligious ScandalSoft PowerFinancial Loss
Locations
Wat Phutai SawanHong Kong