Background to the Forex-3D swindle

[webfact]

 

Forex-3D is the name of the foreign exchange futures investment scheme created by a forex brokerage company, “RMS Familia”. It was established in 2015, with a young man, named Apiruk Kothi, as the chief executive officer.

 

The company advertised, inviting members of the public to invest in forex futures by offering returns of about 10% per month on a required minimum investment of 5,000 baht.

 

Due to the attractive returns, many were attracted and invested in the scheme. Like all previous Ponzi schemes, it crashed due to liquidity problems. The investors were initially paid handsomely, as promised, prompting them to invest more. At the same time, the investors were promised another 5% commission if they managed to persuade new investors to join the Forex-3D scheme.

 

Full story: https://www.thaipbsworld.com/background-to-the-forex-3d-swindle/

 

-- © Copyright Thai PBS 2022-08-22

 

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[OneMoreFarang]

3 hours ago, webfact said:

10% per month

I would never go for that.

Just yesterday I med that guy in a bar who promised me 50% per month. Now that's what I want.

I gave him all my money and I am looking forward to see him again next month.

People who go for only 10% must be stupid! 

[howlee101]

1 hour ago, OneMoreFarang said:

Just yesterday I med that guy in a bar

Was he a retired Special Forces Seal Team Delta NCIS agent?  I think I met a number of them drinking 10 baht coffee at the mall. I told them when the investment returns reach 60%, then let me know. Of course I'll drop millions of baht into this scheme when the Nigerian prince sends me my millions. ????

[Gottfrid]

1 hour ago, OneMoreFarang said:

I would never go for that.

Just yesterday I med that guy in a bar who promised me 50% per month. Now that's what I want.

I gave him all my money and I am looking forward to see him again next month.

People who go for only 10% must be stupid! 

You still go a little bit cheap. I will hook you up with my guy. He offers 100 % a day, paid yearly with and investment plan of 1 000 per day. There you go. I am going to get a whopping 365 000 baht at New Year!

[kingstonkid]

Unfortunately people all over the world fall prey to get rich quick schemes and it is not just poor in educated.  Some really smart people get caught in the US UK all the time 

[OneMoreFarang]

25 minutes ago, kingstonkid said:

Unfortunately people all over the world fall prey to get rich quick schemes and it is not just poor in educated.  Some really smart people get caught in the US UK all the time 

And they "invest" again and again.

[hotchilli]

8 hours ago, webfact said:

Due to the attractive returns, many were attracted and invested in the scheme. Like all previous Ponzi schemes, it crashed due to liquidity problems. The investors were initially paid handsomely, as promised, prompting them to invest more. At the same time, the investors were promised another 5% commission if they managed to persuade new investors to join the Forex-3D scheme.

 

[DrPhibes]

The trick is knowing when to get out. If you get in early and get out early,  you "make" money.  Kinda like crypto...

[kingstonkid]

4 hours ago, OneMoreFarang said:

And they "invest" again and again.

yeah that is the sad part they never learn.

[Elkski]

Any links to where we can do more research on pinky? Oh easy to find. Wife says she was so popular but then lost lots of cred when she was a girl to a rich guy and the mia luang found out and cut her off. 

Edited August 22, 2022 by Elkski