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"Wives of foreigners" fall victim to massive Ponzi scheme on Koh Samui


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Posted

Serves them right It's that Disease GREED they All have that no matter Farang Wife or not .Thais are Born that way they just can't help themselves they believe any bullshit . 

Posted
49 minutes ago, digger70 said:

Serves them right It's that Disease GREED they All have that no matter Farang Wife or not .Thais are Born that way they just can't help themselves they believe any bullshit . 

That's quite the generalization.

Posted

What the New Yorker got out of jail and moved to Thailand, talk about a scam and the people were smarter than Thais if you believe everything here.

Posted
10 hours ago, BTB1958 said:

How can people be so stupid.  Reading about these scheme's every day and they still fall for it. 

Some people maybe don't read...Just watching Lakhon.

Posted

Since most Thai wifes of foreigners get their money from them, isn't the falang the real victim?

 

Maybe it was really to scam the husbands? 

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Posted
19 hours ago, RichardColeman said:

Does it never sink in to these people, that if someone is offering 30% returns then there is something a bit screwy about it when the bank offers less than 2% ? 

This popped up on local Facebook pages.  The commenting posts were very obvious in their condemnation and I - for one - personally reported it to FB moderators (the result? - nothing - - )

 

How can ANYBODY think that a 30% return on an investment is real?  This "Bew" person must have been a smooth talker! - And, even if they do catch up with her there will be no money to be recovered - - -

Posted
12 hours ago, digger70 said:

Serves them right It's that Disease GREED they All have that no matter Farang Wife or not .Thais are Born that way they just can't help themselves they believe any bullshit . 

They don't believe anything farang tell them - - - - Only Thai know best.

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Posted
23 hours ago, BTB1958 said:

How can people be so stupid.  Reading about these scheme's every day and they still fall for it.  They say a sucker is born every day.  But in Thailand its about a thousand born every day.  Unbelievable 

greed !

Posted
4 hours ago, Lenny Jones said:

They don't believe anything farang tell them - - - - Only Thai know best.

Yea and they talk a load of crap ????

Posted
6 minutes ago, chakatee said:

200 people who had lost 120 million baht = avg. 600,000

contributed anywhere between 10,000 baht to 500,000 baht

 

Missing something here

The reporter's mathematics certificate?

Posted

In fairness the lady's wont actually loose anything quoting give me some more money or I will withdraw your honey now I'm on the suckers list  ????

Posted
9 hours ago, chakatee said:

200 people who had lost 120 million baht = avg. 600,000

contributed anywhere between 10,000 baht to 500,000 baht

 

Missing something here

Maybe the victims included their promised profits. Invest 100,000, be promised 200,000 after 3 months, file a loss of 200,000 with the police when no money comes back. 

Posted

Got a friend here in Isaan who has joined one of these schemes. The 'shares' pay a dividend of 1.5% a DAY. I expect to see her in tears soon. 

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Posted

Girls from Isaan, uneducated and maybe used to work in bars. Want to earn some quick cash.

That's the typical farang wife for you. 

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Posted
On 7/24/2019 at 4:34 AM, Jane Dough said:

I suppose the victims of Bernie Madoff were all uneducated Thais, were they?

 

Rooster

Ouch that's going to leave a mark...  

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Posted
On 7/27/2019 at 1:30 AM, rickudon said:

Got a friend here in Isaan who has joined one of these schemes. The 'shares' pay a dividend of 1.5% a DAY. I expect to see her in tears soon. 

If it’s the Len share scheme that is being operated, it’s more complicated than that...and no daily dividend

Also, it’s perfectly legal if operated correctly.....hard to believe but it’s very common in Thailand amongst all social classes.......no just Issan wives

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Posted
On 7/25/2019 at 10:08 PM, chakatee said:

200 people who had lost 120 million baht = avg. 600,000

contributed anywhere between 10,000 baht to 500,000 baht

 

Missing something here

Maybe they were including what they would have made in their "Loss"?

 

Oops, Gulfsailor beat me to it.

Posted
On 7/24/2019 at 5:52 AM, BTB1958 said:

How can people be so stupid.  Reading about these scheme's every day and they still fall for it.  They say a sucker is born every day.  But in Thailand its about a thousand born every day.  Unbelievable 

The Original Ponzi scheme was American. A pyramid scheme nearly destroyed the Albanian economy. Your view of the Thai victims of this crime is reprehensible and vaguely racist.

Posted
On 7/24/2019 at 11:52 AM, BTB1958 said:

How can people be so stupid.  Reading about these scheme's every day and they still fall for it.  They say a sucker is born every day.  But in Thailand its about a thousand born every day.  Unbelievable 

Have  someone I know and his  Wife doing similar in BKK right  now with FX Trading or some such nonsense, 1.5% per day interest  "paid"  but of course you cant withdraw that money for i think 9-10 months, I tried to warn HIm but all deaf ears.

Posted
On 7/28/2019 at 3:46 AM, sunnyboy2018 said:

The Original Ponzi scheme was American. A pyramid scheme nearly destroyed the Albanian economy. Your view of the Thai victims of this crime is reprehensible and vaguely racist.

I  like the throw in of "vaguely racist" Id  say he's  spot  on , Thais are  more  gullible than most. its a bit  like saying "road  deaths  happen all over the world"

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