Thai student apologizes for 160 million baht losses after Ponzi scheme got out of hand

[kaorop]

Shirely a bank should put her in charge of short term investments, they normally employ crooked methods?

[isco]

a thai female conning people out of money...... never!!!

[impulse]

34 minutes ago, Father Fintan Stack said:

Bitcoin itself is far from a scam. It is a technology with a proper use and inherent value. Nor is it a ponzi as there is a limit of 21 million Bitcoin (currently 16.5m in circulation), and a ponzi has the premise of unlimited returns. 

 

Seems the Chinese decided to split their Bitcoins, just like stocks split when the price gets too high..  Kind of shoots that 21 million limit in the butt...

 

I'm a big fan of the concept of Bitcoin as a digital currency, but it's been hijacked by the get-rich-quickers and looks a lot more like a Ponzi scheme than a currency.

 

 

Edited September 11, 2017 by impulse

[phantomfiddler]

Throw her in jail until she has paid back all the people she conned !

[wow64]

A dumb ass and their money are soon parted.. these people were stupid and greedy she taught them a valuable lesson. 

Edited September 11, 2017 by wow64

[wow64]

2 hours ago, impulse said:

 

Seems the Chinese decided to split their Bitcoins, just like stocks split when the price gets too high..  Kind of shoots that 21 million limit in the butt...

 

I'm a big fan of the concept of Bitcoin as a digital currency, but it's been hijacked by the get-rich-quickers and looks a lot more like a Ponzi scheme than a currency.

 

 

So true and many being setup in Thailand. 

[tomyummer]

She should go into marketing....for the government

[jacko45k]

20 hours ago, impulse said:

 

Every victim thinks the scheme that they fell for was a lot more credible than the scheme that someone else fell for.

 

Been there, done that, twice. And I don't really believe I am gullible or stupid.

Greed does blind one.

[SABloke]

5 hours ago, JRUSA said:

Lottery, isn't that a scam in itself..

Not at all, the Lottery is "investing in luck" and therefore not gambling, which is why it's legal.  Now betting on horses...how can I spin that 

[Damrongsak]

She should have taken the 160 million and bought a ticket to Dubai, sitting next to Yingluck.

[hgma]

A good neighbor is worth more then a close friend????

[impulse]

2 hours ago, Damrongsak said:

She should have taken the 160 million and bought a ticket to Dubai, sitting next to Yingluck.

 

160 mill may get a ticket to Dubai, but it won't put anyone in the same neighborhood...