fraud
- Crime News
Lopburi fraud: Thai philanthropist scams locals for millions
Residents of Lopburi province have reported a well-known local entrepreneur for allegedly defrauding them of millions of baht under the guise of a charitable investor. The victims claim they were lured into investing and purchasing shares in the perpetrator’s ventures, but were left with unpaid debts and empty promises. Today, knowing the businessman by his work in the community and…
- Business News
SET and AIMC to use class action law to protect investors amid Stark fraud probe
The Association of Investment Management Companies (AIMC) and the Stock Exchange of Thailand (SET) are set to utilise class action law to safeguard investors’ interests as the Department of Special Investigation (DSI) examines potential fraud involving former executives of Stark Corporation. Stark’s shares plummeted by approximately 90% after the SET allowed trading to resume on June 1, causing significant harm…
- Crime News
Power play on the border: Thai electricity authority shocks Myanmar towns with supply halt
The Provincial Electricity Authority (PEA) of Thailand halted the supply of electricity to two Myanmar border towns following a request from the Myanmar government. These towns, located across the Moei River, have been the site of significant illegal investments by groups of Chinese businessmen. Shwe Kokko and Ban Le Le Ko, both situated in Myanmar’s Karen State, are the two…
- Crime News
Tourists deceived: Travel agency crew ‘unpacked’ by police on fraud charges in South Thailand
Six people from a travel agency have been apprehended by the Provincial Police on charges of fraud in Surat Thani, South Thailand. The suspects are accused of selling counterfeit overseas package tours to a minimum of 99 customers, resulting in damages amounting to 27 million baht. The six arrested allegedly include Sumontri Sonnong, Phanuda Thepchum, Kobsak Pensawat, and Wongchan Pensawat,…
- Thailand News
Nurse vanishes after 7-day marriage: Thai soldier plans to file lawsuit
A young Thai lieutenant found his newlywed life turn sour after only seven days of marriage to a nurse he met through a dating app. Having shared their story online, it is now suspected that the man was duped into paying a sizeable dowry. The 28 year old lieutenant, Sutha (surname withheld), has opened up about his short-lived marriage to…
- World News
Elizabeth Holmes starts 11-year prison term for Theranos fraud
Elizabeth Holmes, the founder of the now-defunct Theranos, reported to a federal prison in Texas to serve her 11-year sentence. The 39 year old was convicted of four counts of fraud related to her failed blood testing start-up early last year. Her request to remain free on bail while challenging the original conviction was denied in mid-May. The Federal Bureau…
- Thailand News
Fraudster nabbed after swindling millions in Bangkok investment scheme
A woman sought for her alleged involvement in a fraudulent investment scheme was apprehended yesterday after evading capture for nine months. The 55 year old suspect, Pimpicha Suthornsupisal, stands accused of deceiving numerous individuals, resulting in millions of baht in losses. The arrest took place in a car park within a dormitory complex located in Bangkok’s Sai Mai district. Pimpicha,…
- Business News
FTX founder eyes Supreme Court ruling in bid to dismiss fraud charges
FTX founder Sam Bankman-Fried is seeking to use a recent Supreme Court ruling to strengthen his defence against fraud charges related to the collapse of his cryptocurrency exchange. However, legal experts have suggested that the chances of having the charges dismissed remain low. Bankman-Fried requested on May 8 that most of the charges against him be dropped, arguing that some…
- Thailand News
Over 500 people fall victim of jewellery fraud causing 60 million baht damage
More than 500 people fell victim to a jewellery fraud in central Thailand. A Thai couple who owned a jewellery shop in the Samut Sakhon province lured unsuspecting customers into buying jewellery worth about 60 million baht. Paisarn Ruengrit, a lawyer representing 30 of the victims, complained with the Central Investigation Bureau (CIB) after discovering that the jewels sold were…
- Crime News
Thai woman arrested for forging New Zealand ambassador’s credit card 14 years ago
After 14 years on the run, a woman was arrested in Sing Buri province in central Thailand yesterday for her alleged role in the forging of the New Zealand ambassador to Thailand’s credit card in 2008, with damages exceeding 10 million baht. Police arrested 44 year old Ketkanya Khantawee at a house in Moo 10, Don Phot subdistrict, Mueang district,…
- World News
The unmasking of Jodi-Levonne Griffin: a scammer’s deception exposed
In a world where trust and integrity are paramount, the story of Jodi-Levonne Griffin serves as a cautionary tale for businesses and consumers alike. Griffin, a 47-year-old American national born in New Zealand, has been exposed as a scammer who committed chargeback fraud after undergoing extensive plastic surgery in Istanbul, Turkey. In March 2023, Griffin, of Jacksonville, FL, traveled to…
- Crime News
RTP warns public to be vigilant ahead of Songkran after 312 million baht stolen in online scams
The Royal Thai Police (RTP) cautioned the public to be extra vigilant ahead of the Songkran Festival after scammers last week fraudulently stole over 310 million baht in online extortion. The RTP reported over 5,300 fraud cases were reported by victims last week, with most complaints related to online shopping and bank transfer scams. Yesterday, Pol. Lt. Gen. Sompong Chingduang,…
- Thailand News
Suicidal teacher arrested for swindling students of over 2 million baht
The Central Investigation Bureau (CIB) yesterday arrested a 43 year old fraudster who tried to commit suicide. The suspect, reportedly a teacher from a high school in the Prawet district of Bangkok, swindled over 2 million baht from 40 students by luring them into buying tour packages to Japan. The arrest came after one victim shared the issue on Twitter.…
- Thailand News
Bank of Thailand announces new biometric scans for mobile banking
The Bank of Thailand announced new measures to protect consumers from cyber risks in mobile banking transactions. Biometric scans, such as facial scans, will be required for high-value transactions, including digital money transfers of over 50,000 baht per transaction, transfers over 200,000 baht per day, and credit transfer amounts of over 50,000 baht per transaction. Banks must adopt these measures…
- Crime News
Charges filed against Thai factory used by Tesco
After catching heat for what critics considered a half-assed investigation, Thai police have now filed criminal charges against a factory used by Tesco. VK Garment Factory, a clothing factory in Mae Sot used to produce F&F clothes has been charged over its treatment of workers. The charges for fraud claim that the factory used workers’ bank cards illegally, withheld immigration…
- Crime News
Romance scam: Dutchman files 4 million baht lawsuit against Thai ex-girlfriend
In another romance scam case, a Dutchman is trying to get 4 million baht from his former girlfriend, a woman from Sakhon Nakhon province in northeast Thailand, who he says deceived him into sending her millions for land and a house before abandoning him. The Thai woman says it’s the Dutchman who is in the wrong for starting a relationship…
- Phuket News
Phuket police can’t catch foreigner stealing tourists’ credit cards for shopping sprees
A foreign man has made a habit of stealing credit cards from tourists in Phuket, southern Thailand, to go on expensive shopping sprees. He has managed to avoid arrest so far. The same foreign man of unknown nationality is pickpocketing tourists in the Patong area of Phuket and using fake passports to make purchases of expensive items in bulk like…
- Crime News
French ‘mafia’ boss extorts money from foreigners in Pattaya, claims ties with Big Joke
Police arrested a wanted French ‘mafia’ boss in Bangkok on Tuesday after a group of farangs in Pattaya, eastern Thailand, claimed he extorted money from them in exchange for police protection. The fraudster claimed to have ties with “Big Joke.” Yesterday, high-profile police officer Pol. Lt. Gen. Surachate “Big Joke” Hakparn revealed that police arrested 58 year old Herve Christian…
- Crime News
President of Thailand’s Udon Thani FC ‘Madam Wi’ accused of fraud
“Madam Wi,” the president of Thai League 2 team Udon Thani FC in northeast Thailand, has been accused of fraud after allegedly deceiving people into paying her money to find them work in South Korea. Nine people filed a complaint at Mueang Udon Thani Police Station accusing 41 year old Arisara “Madam Wi” Chamun of fraud and violating the Employment…
- World News
Thailand to extradite alleged Malaysian scammer to China
A Thai court ordered a wanted alleged Malaysian scammer to be extradited to China to face charges related to fraud on Wednesday. Both Malaysia and China requested the repatriation of Tedy Teow Wooi Huat, the founder of the Mobility Beyond Imagination Group (MBI), after he was allegedly linked to numerous scams, reports the Straits Times. Penang-born Teow attended a virtual…
- Crime News
Thai court denies bail to alleged Singaporean Forex-3D scammer
Today, Thailand‘s Criminal Court denied bail to the alleged Singaporean Forex-3D scammer who was nabbed by police at Phuket Airport as he tried to flee the country on Monday. He was taken straight to Bangkok Remand Prison. The accused, 32 year old Daryl Cai Yonghui, is charged with “public fraud” and “inputting false information into a computer system in a…
- Crime News
Thai woman allegedly defrauds American PPE company of 239 million baht
An American PPE company alleges that a Thai woman defrauded them of a staggering 239 million baht (US$8 million) in a high-profile public fraud case centred around rubber gloves. On February 18, 2021, US Company Quick Aid LLC wired 239 million Thai baht to a private Thai company named Singhaseni Group Co., Ltd. The Thai company had a single 45…
- Crime News
US arrested man for stock fraud in Phuket
A man wanted by the United States for his involvement in stock manipulation and fraud has been arrested in Phuket. Peter Coker Jr, a citizen of the Federation of Saint Christopher and Nevis, was apprehended on Wednesday in a hotel room located near Surin Beach. The arrest was made by a team consisting of the Crime Suppression Division (CSD) and…
- Thailand News
3 fraudsters to be extradited from Thailand to South Korea
Three South Korean citizens have been arrested on suspicion of committing fraud resulting in losses of 159 million baht (approximately US$4.84 million) in Korea before fleeing to Thailand. They will be extradited to South Korea to face charges. The suspects, identified as Kim, 54, Yang, 60, and Ye Jun, 51, were charged with fraud in South Korea for alleged stock…
- Crime News
Immigration police arrest two Chinese fraudsters illegally living in Thailand
In two separate but similar cases, Immigration Police arrested two Chinese fraudsters posing as businessmen and illegally living in Thailand. Collectively, the pair scammed victims of over 2 billion baht. Case 1 Police arrested a 44 year old Chinese national named Changguan (pseudonym) who allegedly scammed hundreds of victims of over 1.4 billion baht by persuading them to invest in…
- Crime News
Daughter jailed for 20 years after stealing 250 million baht from her mother
Where there is family there is love, so the slogan says, but this may not be the case for one Bangkok family after a daughter fleeced her sick mother of over 250 million baht. Yesterday, Phra Khanong Criminal Court sentenced Mawadee Sriwirat to 20 years in prison for falsifying documents to steal more than 250 million baht from her mother,…
- Hot News
FTX founder Sam Bankman-Fried arrested in Bahamas for fraud
FTX founder Sam Bankman-Fried has been arrested for fraud in the Bahamas with a judge denying his bail. US prosecutors allege he committed fraud and violated campaign finance laws. His bail was denied based because he is considered a “great” flight risk. A judge ordered him to be sent to the Bahamas’ department of corrections until February 8, 2023. Bankman-Fried…
- Crime News
Police arrest wanted Swedish criminal hiding in southern Thailand
Immigration Police held a press conference yesterday about the arrest of a wanted Swedish criminal hiding out in Hua Hin, southern Thailand, in their continued crackdown on illegal foreigners in the kingdom. After coordinating with Swedish police, Thai Immigration Police arrested 52 year old Heinz Henry Andreas of Swedish nationality at a rented house in Hua Hin District, Prachuap Khiri…
- Hot News
WHO boss in Syria under investigation for fraud, corruption, abuse
The World Health Organisation Syrian branch representative has been accused of fraud, corruption, and abuse by coworkers. Akjemal Magtymova is now under what seems to be one of the most extensive investigations by the organisation as at least a dozen personnel have accused her of mismanaging millions of dollars, giving gifts to government officials and acting frivolously when the Covid…
- Crime News
British CEO arrested at Bangkok Airport over 40 million baht fraud accusations
Police arrested a British man at Suvarnabhumi Airport today who has been wanted by police in Thailand since December last year. The CEO allegedly defrauded victims of over 40 million baht (almost £1 million). On December 22, 2021, South Bangkok Criminal Court issued arrest warrant 671/2564 for 57 year old Mark Edward Kirkham of British nationality. The warrant states that…
