Couple arrested for allegedly cheating 100 people out of Bt50m in pyramid scheme

[snoop1130]

Couple arrested for allegedly cheating 100 people out of Bt50m in pyramid scheme

By The Nation

 

Crime Suppression Division (CSD) police on Tuesday arrested a couple for allegedly deceiving around 100 people into investing in a pyramid fund scheme, causing Bt50 million worth of damage.

 

The arrest of Piyaporn Saesanthia, 28, and her husband, Thossapol Boonmanut, 29, was announced at CSD headquarters.

 

Police said the two had been arrested under a warrant issued by Min Buri Court on September 26 last year. 

 

They were apprehended in Bangkok’s Bang Bon district on Monday.

 

The victims filed complaints with the CSD that the couple had used their Facebook accounts to deceive them into investing in a fund with promised returns of 20 to 50 per cent per week. 

 

The victims also claimed that they had been deceived into inviting friends to join the fund.

 

The alleged deception took place in 2016 and 2017, police said.

 

Source: http://www.nationmultimedia.com/detail/national/30366097

 

-- © Copyright The Nation 2019-03-19

[TITOLAS]

Thais are so greedy that that Ponzi scheme (pyramidal scam) still has beautiful days ahead.


Sent from my iPhone using Thaivisa Connect

[Myran]

I can't believe there are still people stupid enough to fall for this.

[sammieuk1]

I suppose because they are Thai there are no pointy photos to embellish this home grown scamming scum story????

[seajae]

really have to wonder why so many keep giving these people their money, so many times we have seen the same scams with promises of big returns and they simply steal it all. When will people wake up that big returns are not able to be paid, stick it in the bank, at least it safer there

 

[worgeordie]

"promised returns of 20 to 50 per cent per week. "if you are going to deceive,lie big,

 no mention how interest of up to 50 % was going to be obtained,but they went ahead

and "invested" anyway. 

 

regards worgeordie

 

 

[onera1961]

Classic pyramid scheme. Going on in America for decades. These two people are smart. But now they have to spend time in jails. Hope they get a lesser sentence just like in America 

[edwardflory]

I do not do business of ANY sort with people / businesses that ONLY have:

Facebook or any other free web page

Free domain or sub domain

Free email address.

 

A website ( registered domain  ) is ""some'' protection because you can research the domain history.

[baansgr]

50% a week.....have some of that...idiots

[baansgr]

30 minutes ago, edwardflory said:

I do not do business of ANY sort with people / businesses that ONLY have:

Facebook or any other free web page

Free domain or sub domain

Free email address.

 

A website ( registered domain  ) is ""some'' protection because you can research the domain history.

id go along with that if its been registered for a ten year period. Many out there do the minimum one year which throws up a red flag immediately. Another thread on here about Dunbar Sterling, their domain is registered the minimum one year so obvious no confidence in themselves.

[Misterwhisper]

15 hours ago, snoop1130 said:

the couple had used their Facebook accounts to deceive them into investing in a fund with promised returns of 20 to 50 per cent per week. 

If you are greedy and stupid enough to trust any investment scheme that promises such a grossly unrealistic return per week, you perhaps don't deserve any better than being fleeced for every penny you're worth. 

[cardinalblue]

Please explain why these two people are smart? Why are they going to get a lesser sentence like in America? Please cite references....

 

Dumb con men dumb investors and dumb analysts...

 

Sounds like a serious case of xenophobia....

[ryane66]

17 hours ago, onera1961 said:

Classic pyramid scheme. Going on in America for decades. These two people are smart. But now they have to spend time in jails. Hope they get a lesser sentence just like in America 

Madoff was sentenced to 150 years. Lesser sentence???

[Nsp64]

thainess

[emptypockets]

23 hours ago, TITOLAS said:

Thais are so greedy that that Ponzi scheme (pyramidal scam) still has beautiful days ahead.


Sent from my iPhone using Thaivisa Connect

It's not just Thais,  trust me

[emptypockets]

10 hours ago, edwardflory said:

I do not do business of ANY sort with people / businesses that ONLY have:

Facebook or any other free web page

Free domain or sub domain

Free email address.

 

A website ( registered domain  ) is ""some'' protection because you can research the domain history.

I don't do any business with anyone unless I can meet them face to face and research their credentials.  It's called due diligence.