When Luang Phor Koon (Wat Ban Rai) was a young monk, he had a dream of walking on the moon and meeting two angels; one represented the sun and the other represented the moon. They told him to have compassion for all suffering beings and be ambitious as he was destined for great things.
Later, he went to learn from Luang Phor Kai of Wat Phra Kaeo. Based on Luang Phor Kai’s advice, he subsequently raised funds by making pendants and giving Feng Shui consultations. The angels from the sun and moon appeared to bless the pendants made by him. An army officer wearing his pendant was shot by assassins but did not get hurt at all. As his pendant was very popular, he managed to raise a lot of funds.
During the Asian financial crisis, Luang Phor Koon undertook an initiative to payoff Thailand’s debt to the World Bank. He asked his followers to donate gold to him and every donor was given proper written acknowledgement of the gold contributed. They were free to take back the gold in the future if they wished to. The gold collected were smelted into ingots and embossed with the insignia of Luang Phor Koon. When the price of gold soared, the gold was sold to settle all the debt owing to the World Bank.