By Nop Meechukhun

 

Bangkok – A Malaysian national, whose name was only revealed to the press as “Tae”, was arrested in Phrom Phong area of Bangkok today, June 23rd, for reportedly illegally operating a securities business.

 

The Economic Crime Suppression Division (ECD) announced that the arrest was conducted following an arrest warrant issued by the Southern Bangkok Criminal Court, claiming that Tae, 51, was acting as a stock trading company manager who would trick victims to believe that they were investing and opening securities accounts with a leading global investment firm.

 

According to one of the victims, they were tricked to invest by transferring money directly to the alleged scammer and were told to receive a fixed return of 6 – 7% throughout the 6-month investment period.

 

Full story: https://thepattayanews.com/2022/06/23/malaysian-national-51-arrested-in-bangkok-for-allegedly-illegally-operating-securities-business/

 

-- © Copyright The Pattaya News 2022-06-24

 

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3 hours ago, webfact said:

and were told to receive a fixed return of 6 – 7% throughout the 6-month investment period.

same old same old get rich quick suckers

Greed knows no boundaries 

Always some one getting conned on a make more money scheme ????