Female Ponzi fraudster nabbed in Bangkok - 'investors' were promised 20% interest in ONE DAY!

[webfact]

Picture: Daily News

 

Bangkok's metropolitan police served an arrest warrant on a 30 year old Thai woman after around 100 of her compatriots fell victim to a Ponzi scheme that she allegedly ran.

 

Thanattha or Suphansa (surname withheld) was named in the 8th November warrant for fraud and was picked up in Ramkhamhaeng Soi 9 in the Bangkapi area of the Thai capital yesterday, reported Daily News.

 

She had lured people in to invest cash and gold promising that 5,000 baht would become 7,000 baht in five days. 

 

And for a 100,000 baht investment she promised 120,000 baht in just 24 hours!

 

There was 10 million baht circulating in her fraudulent plan. 

 

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[RJRS1301]

Pure greed by the investors, who obviously do not understand "due diligence" .

Sympathy for investors? Nah. Find it in the dictionary, between sh+t and syphilis.   

[4MyEgo]

20% in one day, why wasn't I told about this., guess I missed the boat, just.

 

Edited November 13, 2021 by 4MyEgo

[ezzra]

If it is too good to be true....it is probably a fraud...

Thailand is full of charlatans, swindlers and women and flim flem con artists, but for the simple Joe a high rate of return is a lure they can not refuse...

[worgeordie]

20 % a day ! , nobody thought how is this possible , no ,just

hand over the money and gold , there have been enough 

scams of this type over the years here, and people have

still not learnt , there will be another one next week and

they will find victims.

regards Worgeordie 

[peter zwart]

Return and risk always go hand in hand. This was worse then a chinese Junk bond. So the outcome was clear before the money was pledged.

[lujanit]

You cannot cure stupidity or greed.  When the two are present in one person they might as well have a board plastered to their head saying “I am a greedy idiot, please take my money”

[scorecard]

1 hour ago, worgeordie said:

20 % a day ! , nobody thought how is this possible , no ,just

hand over the money and gold , there have been enough 

scams of this type over the years here, and people have

still not learnt , there will be another one next week and

they will find victims.

regards Worgeordie 

Hey, your out of touch, didn't you know about the large amounts of cash coming out of the mouths of all the magic fish, every hour on the hour, at a local famous temple. All recorded alongside the latest lucky numbers.

 

[shackleton]

This seems to be happening regularly 

I was not going to comment as nothing changes until the next scam appears 

But could not resist as already mentioned stupidity and greed knows no bounds 

[hotchilli]

6 hours ago, webfact said:

She had lured people in to invest cash and gold promising that 5,000 baht would become 7,000 baht in five days. 

 

And for a 100,000 baht investment she promised 120,000 baht in just 24 hours!

 

There was 10 million baht circulating in her fraudulent plan. 

Greed leads to bad decisions.. I'll leave it at that.

[BKKBike09]

20% in one day? Not much different to buying crypto ...

[kidneyw]

6 hours ago, webfact said:

She had lured people in to invest cash and gold promising that 5,000 baht would become 7,000 baht in five days.

Can I still join?

[RichardColeman]

The sheer amount of financial gullibility of the Thailand populace is staggering. I guess it will stop in the same year RT runs a positive western story and a negative Russian one.

 

 

[Uroller]

I can’t feel sorry for people that fall for any Ponzi scheme???? If you believe these unattainable returns then you deserve to lose your money???? Simple questions such as how will you pay those high returns? Listen to the bs answer in that????????????

[digger70]

I don't believe that. Are people really that stupid to fall for this ? 

Absolutely insane. 

[HighPriority]

I can’t believe she’s 100% Thai, she must have some farang blood that makes her do evil deeds…

[HappyGoLuckyLife]

20 hours ago, webfact said:

And for a 100,000 baht investment she promised 120,000 baht in just 24 hours!

Even Ray Charles could see this was a scam in the making.

[OneMoreFarang]

20% for a day is not enough. I recently gave all my money to a financial expert who told me about this 50% a day investment. It works! He sends me updates every day how I have every day 50% more money.

I don't need the money in the moment and because I am smart I let it work for me. Just looking at those emails makes me happy. I guess in a month or two I will get all the cash and I will live happily ever after.

Why are some people so stupid that they take 20% if they could have 50%? ????