October 8, 20196 yr Busted: Monk caught up in multi billion baht Ponzi scheme Thai caption: Busted in saffron robes A monk that was involved in a multi billion baht Ponzi scheme has been arrested in Sa Kaew province in the east of Thailand. Phuthipong Rujiphanphokhin, 42, was served with an arrest warrant for defrauding the public at a religious affairs office in Khao Samsip sub-district. His arrest relates to the Yufan Ponzi scheme that defrauded people of tens of billions of baht. The international scheme was uncovered in 2015.Some of the 164 perpetrators have been arrested, others remain on the run. Picture: Daily News The monk was both a victim and a perpetrator in the scheme, suggested Daily News, who said he had ordained in the monkhood after losing everything that he had. Source: Daily News -- © Copyright Thai Visa News 2019-10-08 Follow Thaivisa on LINE for breaking Thailand news and visa info
October 8, 20196 yr Useless news. How can the public ever learn what a Ponzi scheme is what to avoid if these reporters fail to tell them???
October 8, 20196 yr Popular Post Monks and temples in Thailand....biggest ponzi scheme on the planet!!
October 8, 20196 yr 3 hours ago, LennyW said: Monks and temples in Thailand....biggest ponzi scheme on the planet!! All religions are Schemes may it be a Ponzi or any other scheme.
October 8, 20196 yr 4 hours ago, legend49 said: Useless news. How can the public ever learn what a Ponzi scheme is what to avoid if these reporters fail to tell them??? Ok I'll kick it off... the whole temple/monkhood is a Ponzi scheme...
October 8, 20196 yr 2 hours ago, hotchilli said: Ok I'll kick it off... the whole temple/monkhood is a Ponzi scheme... ha ha ha ... it's hard to start a argument when practically everyone agrees with you. ????
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