ponzi scheme
- Thailand News
Chinese woman arrested for 150 million baht Ponzi scheme
A Chinese woman involved in a Ponzi scheme that caused over 150 million baht in damages to victims has been arrested at a condominium in Pattaya, Chon Buri province. According to Deputy Chief of the Immigration Bureau (IB), Police Major General Panthana Nuchanart, the 24 year old scammer, identified only as Hu, was apprehended by immigration police at a condominium…
- Thailand News
Thai celeb Baitoey granted bail in Forex-3D Ponzi scheme case for 5 million baht
Renowned singer and actress Suteewan Thaweesin, better known as Baitoey, burst into tears as the court granted her bail in the aftermath of the Forex-3D Ponzi scheme scandal. She was instructed to wear an electronic monitoring bracelet, report to court as scheduled, and is prohibited from leaving the country. The bail was set following the submission of a 5 million…
- Crime News
Thai fraudster nabbed for cloud storage scam targeting 3,000 victims
A 69 year old Thai woman, known as Pattana, was arrested at a religious facility in Nakhon Ratchasima province for her alleged involvement in a Ponzi scheme at a company that deceived over 3,000 victims, causing nearly 1.3 billion baht in damages. Pattana’s son reportedly used her name in a fraudulent company that offered high returns from cloud storage investments.…
