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Seven arrested, assets seized in fraud probe

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Seven arrested, assets seized in fraud probe

By The Nation

 

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File photo

 

A criminal court has issued arrest warrants for seven people, including three Malaysians and four Thais, in an alleged gold pyramid scheme involving Bt750 million, Department of Special Investigation (DSI) chief Pol Colonel Paisit Wongmuang said on Tuesday.

 

DSI investigators had already seized assets worth Bt60 million from 16 people for these and related offences, he said, adding that all the suspects and the case report would be forwarded to the public prosecutors' consideration for indictment early next month.

 

The case stemmed from an alleged China-based pyramid scheme that promised high returns of 10 per cent per month to Thai investors.

 

Source: http://www.nationmultimedia.com/detail/breakingnews/30329520

 
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-- © Copyright The Nation 2017-10-17

Seems like overseas scammers are targeting the naive or is that greedy

people of Thailand,with so many scams you would think people would

realize ,if it seems too good to be true,it's not,and beware , 10 % return

p.m., for that to happen Gold  would  have to increase EVERY month

by at least 10 %.

regards worgeordie

Why would anyone share their Golden Goose? Suckers!

Unfortunately, stupid is as stupid does!  :thumbsup:

 

Stupid = greed/y?

Can we put the "Department of Special Investigation" on the comex gold futures manipulation ?

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