A Thai court has issued an arrest warrant for Anne Jakapong Jakrajutatip, the media mogul and co-owner of the Miss Universe beauty pageant, over allegations of fraud amounting to $930,000. The South Bangkok Civil Court issued the warrant on Tuesday after a plastic surgeon accused Jakapong of fraud and withholding critical information when persuading him to invest in her company, JKN Global Group, in 2023. The court stated that Jakapong allegedly invited the plaintiff to invest despite knowing she could not repay the funds within the agreed timeframe. The verdict in the 30 million baht ($930,000) case was initially scheduled for Tuesday, but Jakapong failed to appear, prompting the court to interpret her absence as a potential attempt to flee. The verdict has now been rescheduled to December 26. Local media reports suggest Jakapong may have traveled to Mexico amid rumors of escalating financial troubles. The Miss Universe Organisation has clarified that these legal proceedings are unrelated to its operations. This development follows a tumultuous Miss Universe 2025 event in Bangkok, which was marred by controversies, including a public altercation between the host and the eventual winner, Miss Mexico, Fatima Bosch. The host faced backlash for allegedly calling Bosch ‘dumb,’ leading to a walkout. Jakapong’s JKN Global Group acquired the Miss Universe pageant in 2022 for $20 million but later sold half its stake to a Mexican firm. In 2024, JKN shares were delisted from the Stock Exchange of Thailand due to financial irregularities.