Online impostors scam public with high-profile personas as digital deception thrives

[webfact]

 

Members of the public are being targeted by fraudsters posing as high-profile business figures as online scams continue to run rife. Authorities warned potential investors to exercise caution and authenticate any investment links or messages they receive, following a spike in scam cases.

 

The Digital Economy and Society (DES) Ministry identified common traits among scammers, most notably the promise of exceptionally high returns on investment within a short timeframe. Often, the scammers would use photographs of well-known celebrities or business figures on their platforms to lend credibility to their schemes. In addition, they may use the names of listed companies and symbols of the Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand to deceive those eager to invest in gold.

 

To counteract the online scams issue, the SEC has called upon business operators and stakeholders in the capital and digital asset markets to collaborate in notifying companies of any fraudulent use of their names. Furthermore, the DES Ministry has announced its intention to seek a court order to shut down Facebook services in Thailand due to allegations of the platform’s failure to block fraudulent ads.

 

by Alex Morgan

Photo: HT_PRINT

 

Full sttory: https://thethaiger.com/hot-news/crime/rising-online-scams-in-thailand-high-profile-figures-impersonated-public-warned

 

-- Thaiger 2023-08-30

 

- 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.

 

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[bradiston]

5 hours ago, webfact said:

 

Members of the public are being targeted by fraudsters posing as high-profile business figures as online scams continue to run rife. Authorities warned potential investors to exercise caution and authenticate any investment links or messages they receive, following a spike in scam cases.

 

The Digital Economy and Society (DES) Ministry identified common traits among scammers, most notably the promise of exceptionally high returns on investment within a short timeframe. Often, the scammers would use photographs of well-known celebrities or business figures on their platforms to lend credibility to their schemes. In addition, they may use the names of listed companies and symbols of the Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand to deceive those eager to invest in gold.

 

To counteract the online scams issue, the SEC has called upon business operators and stakeholders in the capital and digital asset markets to collaborate in notifying companies of any fraudulent use of their names. Furthermore, the DES Ministry has announced its intention to seek a court order to shut down Facebook services in Thailand due to allegations of the platform’s failure to block fraudulent ads.

 

by Alex Morgan

Photo: HT_PRINT

 

Full sttory: https://thethaiger.com/hot-news/crime/rising-online-scams-in-thailand-high-profile-figures-impersonated-public-warned

 

-- Thaiger 2023-08-30

 

- 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.

 

Get our Daily Newsletter - Click HERE to subscribe

God help the gullible Thai public when life sized AI figures of famous Dara start inviting them to send their $ today. Programmed to scam!

Edited August 30, 2023 by bradiston