Thai man linked to major fraud case arrested in Bangkok

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Bangkok police apprehended a 57 year old Thai man linked to a sizeable fraud case going back almost ten years. Raveeroj Rithchoteanan, had been previously incarcerated in Angola for his involvement in a significant fraud scheme.

 

The arrest took place on Sunday at a hotel in Wang Thonglang district, with Raveeroj accused of swindling a businessman out of 22 million baht under the pretence of a non-existent gem project.

 

Raveeroj reportedly convinced the businessman he was an emissary for an investment group boasting a 200 billion baht portfolio back in 2015, explained Major General Montree Theskhan, the Crime Suppression Division commander. The group was allegedly preparing for a substantial gem project, promising a 1 billion baht return to the businessman if he co-invested.

 

By Mitch Connor

Caption: PHOTO: via ipleaders

 

Full story: The Thaiger 2024-01-08

 

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