BANGKOK — Former Miss Universe CEO Jakkaphong “Anne” Jakrajutatip was sentenced to two years in prison without suspension over fraud charges by a Bangkok court, the Bangkok Post reported.

Jakrajutatip, who heads JKN Global Group, was found guilty on Friday, December 26, by the Bangkok South Kwaeng Court in connection with a 30-million-baht corporate bond investment. She did not appear in court and remains at large.

The court said Jakrajutatip and JKN Global Group Plc “deceived” complainant Raveewat Maschamadol by providing false information and concealing “material facts.” Maschamadol was persuaded to invest in corporate bonds issued by JKN Global Group, despite the company’s financial difficulties and knowledge that it could not repay the investment on the agreed date.

JKN Global Group was fined 40,000 baht, while Jakrajutatip received the two-year prison sentence.

Jakrajutatip served as Miss Universe CEO until stepping down in June. She was replaced by Mario Bucaro last November, who later resigned earlier this month.

Jakrajutatip’s JKN Global co-owns Miss Universe with Legacy Holding Group, led by Raul Rocha, who currently serves as the organization’s president and faces charges in his native Mexico.