snoop1130 Posted June 23, 2023 Share Posted June 23, 2023 A Chinese national believed to be at the helm of a swindling operation, was taken into custody by the Thai authorities alongside ten other members of the fraud gang. The group is accused of soliciting people to participate in a bogus gold investment scheme, alleging its connection with Thailand’s Crown Property Bureau. The illicit operation, which duped victims of around 500 million baht (US$14,213,630) in total, was run primarily from the notorious Kings Romans casino in the Golden Triangle, Laos, the Technology Crime Suppression Division (TCSD) stressed. The alleged linchpin of the operation, identified as 32 year old Teng June, was apprehended in Bangkok’s Bang Khunthian district. In the following days, nine other Thai nationals and one stateless woman involved in the operation were seized in Chiang Rai and Chanthaburi provinces, TCSD commander Athip Pongsiwapai articulated yesterday. At the point of arrest, the police confiscated a comprehensive array of possessions from the criminals, including three luxury vehicles, cash tallying over 5 million baht, 30 gold trinkets, high-range watches, designer bags, computer systems, mobile signals, SIM cards, bank account books, gold certificates, and other mementoes. All the accused were charged with participating in fraudulent activities, inputting inaccurate information into a computer system, and money laundering offences, and are currently being held in police custody awaiting legal proceedings. In the preceding days, the Crown Property Bureau lodged police complaints regarding a group of swindlers who were using the bureau’s name to commence a website coined Royal Gold, aiming to allure people into deceptive gold investment opportunities. Between January and May, hundreds found themselves victims of this swindle, costing around 500 million baht in damages, as revealed by Athip. By Mitch Connor Caption: Picture courtesy of wirestock Full Story: https://thethaiger.com/hot-news/crime/chinese-fraud-syndicate-caught-after-swindling-500-million-baht-from-thai-investors -- © Copyright Thaiger 2023-06-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Link to comment Share on other sites More sharing options...
Popular Post Gknrd Posted June 23, 2023 Popular Post Share Posted June 23, 2023 If you are going to start a scam. What would be better than a gold scam in Thailand. Cha Ching 3 1 Link to comment Share on other sites More sharing options...
Popular Post 2baht Posted June 23, 2023 Popular Post Share Posted June 23, 2023 Like shooting fish in a barrel, Thai's are so gullible, tell them there's money to be made and bingo, got them! 3 1 1 Link to comment Share on other sites More sharing options...
Popular Post Purdey Posted June 23, 2023 Popular Post Share Posted June 23, 2023 Just the other day, Thailand announced it would make it easier for Chinese to get visas. Nuff said. 3 1 Link to comment Share on other sites More sharing options...
Popular Post jacko45k Posted June 23, 2023 Popular Post Share Posted June 23, 2023 16 minutes ago, Purdey said: Just the other day, Thailand announced it would make it easier for Chinese to get visas. Nuff said. Their own greed will be their downfall I suspect. 2 1 1 Link to comment Share on other sites More sharing options...
hotchilli Posted June 23, 2023 Share Posted June 23, 2023 12 hours ago, snoop1130 said: At the point of arrest, the police confiscated a comprehensive array of possessions from the criminals, including three luxury vehicles, cash tallying over 5 million baht, 30 gold trinkets, high-range watches, designer bags, computer systems, mobile signals, SIM cards, bank account books, gold certificates, and other mementoes. Every days a pay-day Link to comment Share on other sites More sharing options...
2baht Posted June 24, 2023 Share Posted June 24, 2023 1 minute ago, hotchilli said: Every days a pay-day Everyone's a winner! ???? 1 Link to comment Share on other sites More sharing options...
mikebell Posted June 24, 2023 Share Posted June 24, 2023 13 hours ago, snoop1130 said: three luxury vehicles, cash tallying over 5 million baht, 30 gold trinkets, high-range watches, designer bags, computer systems, mobile signals, SIM cards, bank account books, gold certificates, Prawit has been put on high alert when these goodies are divvied out. Link to comment Share on other sites More sharing options...
ross163103 Posted June 24, 2023 Share Posted June 24, 2023 Winner winner chicken dinner! Link to comment Share on other sites More sharing options...
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