Victims of alleged Facebook gold-bar scam demand police action

By Suriya Patathayo
The Nation

 

Some 100 people on Friday filed police complaints claiming that they had lost Bt200 million in a gold-bar trade scam operated by individuals whom they contacted via a Facebook page.

 

The group, led by Suwachat Kiattikul, met with police spokesman Pol General Weerachai Songmetta at the Royal Thai Police head office in Bangkok to demand justice. Suwachat said he and other people had bought gold bars via a Facebook page at the cheaper-than-market price of Bt18,000-Bt19,000 per one baht weight of gold (around 15.24 grams) before realising that it was a scam. 

 

Weerachai said police would co-ordinate with the Economic Crime Suppression Division to join initial interviews of those who had suffered damages, expected to complete by the end of Friday. Police are still investigating who and how many people were involved in the alleged scam. 

 

If police officers later found it was a case of public fraud, they would contact the Anti-Money Laundering Office to launch a probe of the money transactions and to seize the alleged wrongdoers’ assets in a bid to retrieve money for the victims, Weerachai said.

 

Source: http://www.nationmultimedia.com/detail/breakingnews/30332973

 

-- © Copyright The Nation 2017-12-1

18 minutes ago, snoop1130 said:

 

If police officers later found it was a case of public fraud, they would contact the Anti-Money Laundering Office to launch a probe of the money transactions and to seize the alleged wrongdoers’ assets in a bid to retrieve money for the victims, Weerachai said.

Which of course will be still sitting in their bank account when/if they ever get around to seizing them.

That's what they get from doing business via Face Book 

Would never use it for anything

The source of the problem is the belief that one can buy gold below market prices.

 

The motivator for such a belief is GREED!

2 hours ago, snoop1130 said:

Some 100 people on Friday filed police complaints claiming that they had lost Bt200 million in a gold-bar trade scam operated by individuals whom they contacted via a Facebook page

Gave up reading here.....money& sense don't always come together.

 

Sum nam na

I can't believe people fall for these scams.

 

I am about to become rich after a Nigerian General contacted me via his lawyer Mr. Umbongo. I guess I am just lucky 

Just in case the usual mob are about to post-- Only in Thailand--- aren't Thais stupid-- this is Thainess ....etc etc 

3 people got 10 million baht in gold for free  a couple of weeks ago. (The gold shop robbery)

So 19000 seems a bit high

11 hours ago, sanuk711 said:

Just in case the usual mob are about to post-- Only in Thailand--- aren't Thais stupid-- this is Thainess ....etc etc 

The irony being you’re the only one so far to say it. Well done. 

Yes. Keep doing financial or investment activities via Facebook. Idiots!

Sent from my SM-G950W using Thailand Forum - Thaivisa mobile app

The irony being you’re the only one so far to say it. Well done. 

No the real irony is anyone thinks there’s an equivalency between the victims of:
“an American fraudster and a former stockbroker, investment advisor, and financier. He is the former non-executive chairman of the NASDAQ stock market,[2] and the admitted operator of a Ponzi scheme that is considered the largest financial fraud in U.S. history.[3] Prosecutors estimated the size of the fraud to be $64.8 billion, based on the amounts in the accounts of Madoff's 4,800 clients as of November 30, 2008.[4]”
“Madoff was active in the National Association of Securities Dealers (NASD), a self-regulatory securities-industry organization. He served as chairman of its board of directors, and was a member of its board of governors.”
and some Thai gold scammers on Facebook.

Hello facebook I am a stupid person can I sign up for one of you fantastic rip off accounts, I am thai a very good person,

Facebook, Financial transactions,Gold cheaper than market price,

I mean what could go wrong,if i was not an honest man,could be

tempted into this scamming business ,seems so easy,better than

trying to rob a bank.there seems to be one happening every week,

but they still find new victims.

regards worgeordie

Advice: If you are buying a promise, make sure you pay with a promise

50 minutes ago, KMartinHandyman said:

No the real irony is anyone thinks there’s an equivalency between the victims of:
“an American fraudster and a former stockbroker, investment advisor, and financier. He is the former non-executive chairman of the NASDAQ stock market,[2] and the admitted operator of a Ponzi scheme that is considered the largest financial fraud in U.S. history.[3] Prosecutors estimated the size of the fraud to be $64.8 billion, based on the amounts in the accounts of Madoff's 4,800 clients as of November 30, 2008.[4]”
“Madoff was active in the National Association of Securities Dealers (NASD), a self-regulatory securities-industry organization. He served as chairman of its board of directors, and was a member of its board of governors.”
and some Thai gold scammers on Facebook.

The story on here is about how some ‘stupid’, and might I add, ‘greedy’ people looked to make a quick buck. It happened here in Thailand (on Facebook). 

 

Moral or or the story? If you can’t always trust a stockbroker with your money, you sure as s*** can’t trust someone on Facebook. Stupid is as stupid does. 

16 hours ago, BEVUP said:

That's what they get from doing business via Face Book 

Would never use it for anything

Same in the States... idiots want the gov to underwrite their stupidity. Toss the lot out of the police station and tell them to grow a brain.

Headline should have read "Greedy stupid idiots fall for gold bar scam"

Some people are such numb-nuts. You got scammed because you were greedy and only a stupid moron would buy anything like that on Farcebook.  

som nom nah