Arrest warrant issued for Mae Manee for alleged Ponzi scheme

[snoop1130]

Arrest warrant issued for Mae Manee for alleged Ponzi scheme

 

 

The Criminal Court today (Tuesday) issued a warrant for the arrest of Mae Manee and her boyfriend for allegedly operating a Ponzi investment scheme, which has reportedly duped hundreds of investors out of millions of baht with her offer of 93% returns.

 

Mae Manee, or Ms. Wanthanee Tipprawet, a former online doll trader, and her boyfriend, Methee Chinpa, have been charged with public fraud and violations of the computer crime law.

 

More than 120 victims have filed complaints with computer crime police, claiming that they have lost millions of baht through their investments with Mae Manee, who claimed to be in the entertainment business with a plan to shoot a comedy-thriller movie.

 

Pol Col Padon Chandon, a superintendent with the computer crime police, said that more than 20 victims had, so far, been questioned and their combined losses are estimated to be over 35 million baht.

 

Meanwhile, in Mae Manee’s home town in the north-eastern province of Udon Thani, 98 investors have filed complaints with Udon Thani provincial police so far, claiming that they were duped of about 80 million baht, allegedly by Ms. Wanthanee Tipprawet.  More are expected to come forward to file complaints, while many others are reluctant to do so for fear of being criticized for being greedy and falling prey to a ‘get rich quick’ investment scheme.

 

Pol Maj-Gen Nanthachart Supamongkol, commander of Udon Thani provincial police, said that police will invite relatives and a boyfriend of Mae Manee, as well as some entertainers, in for questioning to determine whether they were involved in the fraudulent investment scheme.

 

Justice Minister Somsak Thepsuthin said today that the case did not warrant treatment as a special case, to be investigated by the Department of Special Investigation, although many people were believed to have been cheated, recommending the use of the anti-money laundering law to freeze the assets of the suspected cheaters.

 

Source: https://www.thaipbsworld.com/arrest-warrant-issued-for-mae-manee-for-alleged-ponzi-scheme/

 

-- © Copyright Thai PBS 2019-10-29

Follow Thaivisa on LINE for breaking Thailand news and visa info

[PatOngo]

Damn, invest 100 baht and get 193 baht back, why didn't I get on? ????

[Yadon Toploy]

A fool and their money are soon parted.

[seeyoujimmy]

1 hour ago, PatOngo said:

Damn, invest 100 baht and get 193 baht back, why didn't I get on? ????

You obviously have more than one brain cell.

[jollyhangmon]

 

... 93 of 100 as a humble ROI? In times of near zero interest no less?? Yeah, what could possibly go wrong, hohoho ...

 

>... hundreds of investors ...< ??! ...  ... 'greed eats brain' they call that where I hail from.

[hotchilli]

14 hours ago, Yadon Toploy said:

A fool and their money are soon parted.

In Thailand if you hand over money you're "instantly parted".... 

Who in gods name believes that you'll get 93% return on your investment and willingly hand over a million baht ?

[webfact]

DSI accepts Mae Manee suspected Ponzi scam as a special case

 

 

The Department of Special Investigation (DSI) has accepted for investigation the “Mae Manee” alleged Ponzi scam, in which more than 2,700 people were reportedly duped of about 756 million baht in investments.

 

Justice Minister Somsak Thepsuthin said today (Thursday) that, of the 2,764 complaints lodged with the DSI through the online QR Code system, 300 showed up in person to file the complaints, with a combined investment of about 150 million baht.

 

He said, however, that the complaints received by the DSI did not include the complaints filed separately with the Crime Suppression Division police and with police stations nationwide.

 

Full story: https://www.thaipbsworld.com/dsi-accepts-mae-manee-suspected-ponzi-scam-as-a-special-case/

 

-- © Copyright Thai PBS 2019-11-01

Follow Thaivisa on LINE for breaking Thailand news and visa info

[PatOngo]

10 minutes ago, webfact said:

The Department of Special Investigation (DSI) has accepted for investigation the “Mae Manee” alleged Ponzi scam, in which more than 2,700 people were reportedly duped of about 756 million baht in investments.

The 2,700 people who were duped should be charged for stupidity!

[worgeordie]

Greed and stupidity made them do it,93 % return on investment !,

with scams like this reported just about every week,you would

think people would not bite,but the bait of 93 %,clouds there

judgement....to say the least,the crazy thing is there will be another

one next week.

regards worgeordie

 

[kirbi53]

A Thai doing this to another Thai 

It can't be possible 

I thought that foreigners were the only troublemakers.

[Enoon]

 

Is it a "Ponzi" fraud?

 

A Ponzi scheme has to provide ongoing (faked) returns in order to draw more people in.

 

The article reads that she pretended to be producing a film and took money on the pretence that the project, in reality non-existent, was going to provide a big return for the investors.

 

Possibly she faked pre-sale agreements?

 

Anyway, all facillitated by her assiduously contrived, online, "reputation".

 

 

 

[P Funk]

Correction... they weren’t duped, they allowed their greed and stupidity to get the better of them. Like those romance scams, the government should not waste police resources on this kind of “crime”. This should be a lesson to those dopes to think logically before throwing their money away on pie in the sky schemes. Do you think they would have paid taxes on their additional income if it were true? So why should the government care?! WISE UP Thais!