Chinese ‘tourists’ arrested in Phuket for illegally operating foreign exchange online

[ThomasThBKK]

2 hours ago, impulse said:

 

Why would Thailand care, if all your business is overseas?

 

Look at my post #28 for the long version...

 

 

Because china told them to care or tipped off the Thai SEC prolly...Or maybe it was the US, they go bat<deleted> crazy whenever USD is involved. Work permit is just a reason to get them deported, they'll prolly rot in a china prison cell for the next 10 years. There's death sentence on ponzi shemes and co., financial fraud in general: https://www.caixinglobal.com/2017-01-13/death-penalty-for-economic-crimes-in-china-faces-increased-scrutiny-101043227.html

 

That's why they all <deleted> off and come over here.

 

 

90% sure it was a boilerroom scam, prolly some braindead ponzi sheme with victims in china and "forex trading" is way too nice of an abbreviation. Either that or a remittance service that helped chinese to escape capital controls or clickfraud stuff, hence the 15 phones, a la: http://www.khaosodenglish.com/news/business/2017/06/12/chinese-likes-farmers-arrested-thai-border-town/

 

All we know is that it wasn't in any way a legitimate company or they would be licensed in China. Just a bunch of scammers most likely.

 

Other chinese have been caught forrex trading before and the ruling was that they didnt breach work laws, this case: 

 

 

[fraggleRock]

The Thai Police are a global laughing stock of complete failure, with these stupid retarded boards -just do your dam job you muppets, this is the most violent country in Asia (I know the numbers), land of smiles - my <deleted> - but f++k all is reported about this Thia violence, I'm quite bulky and stopped many a fight Thia start, and taught them a Scottish military trained lesson - and stopped 3 incidents of these weaklings beating females badly, Thai man love to beat women - weak and under rated --- land of BS - I',m leaving to Indonesia - <deleted>> u Thailand you turd bucket... love the Chinese and Indian who <deleted> and <deleted> anywhere and everywhere.... this place is lost...

[LivinLOS]

On 11/22/2019 at 6:12 PM, ThomasThBKK said:

 

Because china told them to care or tipped off the Thai SEC prolly...Or maybe it was the US, they go bat<deleted> crazy whenever USD is involved. Work permit is just a reason to get them deported, they'll prolly rot in a china prison cell for the next 10 years. There's death sentence on ponzi shemes and co., financial fraud in general: https://www.caixinglobal.com/2017-01-13/death-penalty-for-economic-crimes-in-china-faces-increased-scrutiny-101043227.html

 

That's why they all <deleted> off and come over here.

 

 

90% sure it was a boilerroom scam, prolly some braindead ponzi sheme with victims in china and "forex trading" is way too nice of an abbreviation. Either that or a remittance service that helped chinese to escape capital controls or clickfraud stuff, hence the 15 phones, a la: http://www.khaosodenglish.com/news/business/2017/06/12/chinese-likes-farmers-arrested-thai-border-town/

 

All we know is that it wasn't in any way a legitimate company or they would be licensed in China. Just a bunch of scammers most likely.

 

Other chinese have been caught forrex trading before and the ruling was that they didnt breach work laws, this case: 

 

 

Stock trading doesnt need a work permit.. 

Forex trading (and I am told commodity trading) apparently does.