Binance P2P scam in Thailand

[VovkaVLD]

Hello everyone!

I met with fraud in Thailand. On March 17, I decided to sell 500 USDT on Binance (which I bought last year) for 17,500 baht to my card in Bangkok Bank. The deal was with a Thai woman named <Name edited out> . I got the money, she got the cryptocurrency - everyone is happy. But on Sunday, April 2, I saw that 17,500 baht had disappeared from my bank account. On Monday, I went to the bank, where I was told that this woman had written a statement to the Khelangnakorn Police Station that I had deceived her, which in fact did not happen. 

I found the phone number of this police station, called, but they absolutely do not speak English there. I live in Pattaya and the distance to the police station is 750 km.

Has anyone encountered anything like this? How can this problem be solved? We had a fair deal, I didn't cheat anyone!

 

[metisdead]

The opening post has been edited to remove a person's name due to the following forum rule:

 

7. You will not post defamatory or libelous comments. Defamation is the issuance of a statement about another person or business which causes that person or business to suffer harm or loss. A statement does not have to be false to be defamatory. Libel is when the defamatory statement is published either as a drawing, picture, painting, motion picture, film, or letters made visible by any means or by broadcasting, dissemination or propagation by any other means. Defamation is both a civil and criminal charge in Thailand and elsewhere in ASEAN.

 

Moving to the Cryptocurrency forum. 

[ukrules]

32 minutes ago, VovkaVLD said:

How can this problem be solved? We had a fair deal, I didn't cheat anyone!

I wonder if they issued an arrest warrant? That would seem to be the next logical step if someone makes a police complaint against you that results in a bank being convinced to remove money from your account.

 

I suggest you gather all the proof you have of the transaction completing and keep it handy just in case they come knocking.

 

Might be a good idea to put in a complaint against the woman involved as well, you're going to need a Thai speaker for that of course.

 

I would never deal direct with anyone here for the exact reasons you're experiencing.

 

Good luck, you're gonna need it.

Edited April 8, 2023 by ukrules

[fdsa]

I'm afraid your money is lost. First of all it is impossible to resolve this without visiting the exact police station in person (a printed screenshots of the P2P deal might be handy). But then most likely the police officers will direct you to the cyber police division in Bangkok, and then most likely the cyber police will not bother because Binance is not located in Thailand jurisdiction. 

At least report this situation to Binance to make her account blocked.

[matador007]

Hi,

 

I recommend you go through the Appeal Process.

https://www.binance.com/en-IN/blog/p2p/all-you-need-to-know-about-the-binance-p2p-appeals-process-421499824684901493

 

Also in future if anyone needs P2P, I can probably help you ond not scam.

 

Hope this helps.

[scubascuba3]

i was chatting to girl online the other day, i could see she was moving towards some currency crypto scam, probably many men fall for it as she was quite pretty, video call and everything, from thaifriendly 

Edited April 8, 2023 by scubascuba3

[blackcab]

Off topic posts have been removed.

[Heng]

Luckily it wasn't for a greater amount.   For P2P.... I have always used the same 'safety valve' line of thinking that I use when using a debit/credit card while travelling.   If I don't feel comfortable risking the bulk of my funds in Katmandu or Harbin, I certainly won't be taking the same risk with some stranger in a P2P Binance transaction either.    

 

Use accounts or cards that are a *dead end* for scammers.  Have your P2P transaction partners pay into savings accounts (presumably) here that have x00 or x0000 Baht (whatever amount you feel is virtually nothing)... and then only use that account as a safety valve.   Funds received.... transfer them to whatever other accounts you use that have no cards attached.   If you want to take it another level, then safety valve from there to wherever you keep your funds offshore.  

 

 

[how241]

This does not seem to be a p2p issue or really a Binance issue.  This is totally about how can a women go to a bank with some paper/letter and get money out of your account.  Something seems very wrong here.  Being you are the banks customer,  why wouldn't the bank contact you first to ask questions Before giving her money from your account.  I have never heard anything like this happening.  There must be more to this story.

[JoseThailand]

Omg, is it really that easy to reverse a bank transfer? I can't believe that. From what I heard, the police can freeze a bank account if the owner is suspected of a crime/scam. But actually taking money from that account is another matter and requires a lot more effort.

[JoseThailand]

I think something is off with this story.

[JoseThailand]

On 4/8/2023 at 8:43 PM, VovkaVLD said:

Sunday, April 2, I saw that 17,500 baht had disappeared from my bank account.

How did you notice that the 17,500 baht "disappeared"? Did you see a reversed transaction in a bank statement? 

[balo]

If this story is true my guess is the police are in on the scam , or maybe "an official" at the bank.  It's not possible to just withdraw money out of a bank account if you are not the owner.  
 

[Hope12]

May I asked if this case was solved because I also encountering this problem. I think the buyer of USDT in Binance have a cybercrime division friend and freeze my account.

[Jenkins9039]

On 8/23/2023 at 2:05 PM, Hope12 said:

May I asked if this case was solved because I also encountering this problem. I think the buyer of USDT in Binance have a cybercrime division friend and freeze my account.

Oops wouldn't want to be you... going by what the russian is looking at in the news today.

[Heng]

Lots of money moving to TH (or through TH) judging by noticeable increase in Russian (sounding names anyway) P2P traders on Binance.   

[phetphet]

OP. Why not go to a police station in Pattaya, explain the situation and ask if they can help or advise? I'm sure there will be more English speaking officers there.

 

Maybe they could even call the police station where the report was made.

[Neeranam]

On 4/15/2023 at 11:33 AM, Heng said:

Luckily it wasn't for a greater amount.   For P2P.... I have always used the same 'safety valve' line of thinking that I use when using a debit/credit card while travelling.   If I don't feel comfortable risking the bulk of my funds in Katmandu or Harbin, I certainly won't be taking the same risk with some stranger in a P2P Binance transaction either.    

 

Use accounts or cards that are a *dead end* for scammers.  Have your P2P transaction partners pay into savings accounts (presumably) here that have x00 or x0000 Baht (whatever amount you feel is virtually nothing)... and then only use that account as a safety valve.   Funds received.... transfer them to whatever other accounts you use that have no cards attached.   If you want to take it another level, then safety valve from there to wherever you keep your funds offshore.  

 

 

Harbin or Katmandu, 2 of the coldest places on Earth! 

 

When I use Binance P2P I always do a test run first with a small amount, then immediately transfer to another bank account. You can do this before clicking on funds received.