Students ripped off in 4 million baht loan fraud - they were promised 100% interest in 15 days!

 

 

A Bangkok student and a Phuket friend still at high school went to crime suppression police yesterday to make a complaint about a woman who ripped them off in a fake loan scheme.

 

In total there are thought to be 200 victims in the 4 million baht con.

 

Tanya, 22, who is at a government uni, met "Jae Kai Noi" (an assumed name) through her elder sister. After she put 1000 baht into the scheme and got 1000 baht interest in fifteen days she decided to invest more.

 

Her next investment of 3,500 baht doubled too within the next two weeks.

 

Now she fully believed. 

 

But when she put in 20,000 that was the end of that - the fraudster disappeared without a trace. 

 

Source: https://www.sanook.com/news/5996226/

 

-- © Copyright Thai Visa News 2018-4-9

If something appears to be too good to be true, it probably is. 

GREED....................wins  every time, its the old " money for nothing", stupid is as..............

This is the ultimate way to scam thais....i bet that if she played the game a little longer she could have many millions out of it...enough to disappear forever.

As students what were they studying, finance?

i love it

this like the good old classic  "third time lucky" trick, normally done to farang from Thai lady.

 

1. borrow 3,000baht- paid back 2 weeks later no problem 

2. borrow 10k baht-paid back 2 weeks later thanks again no problem.

3. borrow 30k baht- 2 weeks later...not see you again, bye bye!

 

genious how they added the interest thing to attract Thais though.

i try not to say som num nah but this 

must be a special kind of stupid to think you gonna get 100% interest.

 

tho i do wonder what the scammer does if she did stop after making the 4,500??

 

how can he be sure the she come back 3rd time for the big haul?

56 minutes ago, snoop1130 said:

After she put 1000 baht into the scheme and got 1000 baht interest in fifteen days she decided to invest more.

 

Her next investment of 3,500 baht doubled too within the next two weeks.

 

Now she fully believed. 

 

But when she put in 20,000 that was the end of that -

 

56 minutes ago, snoop1130 said:

met "Jae Kai Noi" (an assumed name)

 

Her real name is Bitcoin. 

An off topic post has been removed as well as the reply.

 

An offensive troll post has been removed. 

They should have corresponded with Barry Madoff. Don’t go big too early get more marks on the line!

15 minutes ago, ChiangMaiLightning2143 said:

They should have corresponded with Barry Madoff. Don’t go big too early get more marks on the line!

That takes forward planning.

Greed,    How unusual is that in Thailand  !!!!!!!!!!!!!!!!!!!!!!!

Edited April 9, 20188 yr by stanleycoin

1 hour ago, overherebc said:

As students what were they studying, finance?

Most likely for the last 3 years. 

But when she put in 20,000 that was the end of that - the fraudster disappeared without a trace.

 

    The 20,000 baht gangsters. 

& these people have Degrees 

 

1 hour ago, snoop1130 said:

they were promised 100% interest in 15 days!

Seriously.......

And the victims are supposed to be studying at university-level.....

Stupidity and greed....not a very good combination....

Allow my to quote Uncle Albert....

13 hours ago, snoop1130 said:

But when she put in 20,000 that was the end of that - the fraudster disappeared without a trace.

Maybe they had been transferred to an inactive post !

11 hours ago, JOC said:

Seriously.......

And the victims are supposed to be studying at university-level.....

Stupidity and greed....not a very good combination....

Maybe Tanya's government university offers a degree course to become a "Bachelor of Ignorance".

11 hours ago, stanleycoin said:

Greed,    How unusual is that in Thailand  !!!!!!!!!!!!!!!!!!!!!!!

or anywhere for that matter

13 hours ago, overherebc said:

As students what were they studying, finance?

they wanted to be brain surgeons.

Did the scammer bet on that most students need a calculator to add two numbers together?

 

Hopefully, the students actually learned from this experience, more than would in the classroom. 

15 minutes ago, Happy enough said:

or anywhere for that matter

No, wrong.

Greed is ingrained in Thai culture.

Its special here !!!!!!!!!!!!!!!!!!!!!

the required IQ for students seems to be lower than 100.

2 minutes ago, stanleycoin said:

No, wrong.

Greed is ingrained in Thai culture.

Its special here !!!!!!!!!!!!!!!!!!!!!

ok i am wrong oh wise one. greed is ingrained in human nature IMO

A very inexpensive lesson as far as I am concerned. 

2 minutes ago, Happy enough said:

ok i am wrong oh wise one. greed is ingrained in human nature IMO

Greed is on  a special level in Thailand, way above most other countries in the world. IMO

Edited April 10, 20188 yr by stanleycoin

5 minutes ago, KKr said:

the required IQ for students seems to be lower than 100.

Think you out by about 50%  

Edited April 10, 20188 yr by stanleycoin

Thailand's universities are always good for a laugh

9 minutes ago, stanleycoin said:

Think you out by about 50%  

interesting thought, the higher the interest rate, the wider the customer base. LoL

Edited April 10, 20188 yr by KKr

Yea, lets blame the victims!       I agree they were greedy and not very smart  but how about the con artist?     Don't you think she should be up for a little scorn too?