Model Accused in over 10M Baht Forex Fraud Scandal

[webfact]

 

In a jolting revelation today, a high-profile Thai model known for his charming presence and lavish lifestyle has been apprehended for allegedly orchestrating a Forex fraud that siphoned off more than 10 million baht (£217,000) from unsuspecting investors.

 

The swindle was masked under the guise of a burgeoning tech company, Fide Tech Group, professing to deal in application development, online gaming and multimedia.

 

Mr. Suripich "Gas" Pakahaan, 30, was arrested following an intensive manhunt spearheaded by 59-year-old inspector Sgt. Phithat. Post his last known sighting in Istanbul on November 30th 2022, Pakahaan had seemingly vanished. The successful arrest came in the wake of 16 warrants issued against the model-turned-fraudster.

 

Pakahaan initiated his professional journey as an entertainment freelancer at a tender age of 19, branching into various domains such as modelling. The big con began when he encouraged friends to co-found Fide Tech Group.

 

Overseeing finance, he diverted substantial investments into stocks, aiding his ostentatious lifestyle, until the capital pool ran dry.

 

While residing in the UK, Pakahaan discovered his imminent capture upon learning about the issued arrest warrants. Driven by fear and desperation, he sought help from a Malaysian woman to enter Thailand discreetly, promising 5000 baht (£109) per trip as a fee.

 

As the story unfolds, it sends a sobering reminder of the potential hazards lurking in the investment world. One must remain wary of outwardly attractive ventures and conduct fitting due diligence. 

 

Picture courtesy: Amarin TV

 

-- 2024-05-11

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[OneMoreFarang]

It's always amazing how some people "think" a "model" is a good idea for investment advice. 

[newbee2022]

6 hours ago, webfact said:

 

In a jolting revelation today, a high-profile Thai model known for his charming presence and lavish lifestyle has been apprehended for allegedly orchestrating a Forex fraud that siphoned off more than 10 million baht (£217,000) from unsuspecting investors.

 

The swindle was masked under the guise of a burgeoning tech company, Fide Tech Group, professing to deal in application development, online gaming and multimedia.

 

Mr. Suripich "Gas" Pakahaan, 30, was arrested following an intensive manhunt spearheaded by 59-year-old inspector Sgt. Phithat. Post his last known sighting in Istanbul on November 30th 2022, Pakahaan had seemingly vanished. The successful arrest came in the wake of 16 warrants issued against the model-turned-fraudster.

 

Pakahaan initiated his professional journey as an entertainment freelancer at a tender age of 19, branching into various domains such as modelling. The big con began when he encouraged friends to co-found Fide Tech Group.

 

Overseeing finance, he diverted substantial investments into stocks, aiding his ostentatious lifestyle, until the capital pool ran dry.

 

While residing in the UK, Pakahaan discovered his imminent capture upon learning about the issued arrest warrants. Driven by fear and desperation, he sought help from a Malaysian woman to enter Thailand discreetly, promising 5000 baht (£109) per trip as a fee.

 

As the story unfolds, it sends a sobering reminder of the potential hazards lurking in the investment world. One must remain wary of outwardly attractive ventures and conduct fitting due diligence. 

 

Picture courtesy: Amarin TV

 

-- 2024-05-11

Get our Daily Newsletter - Click HERE to subscribe

Happens everywhere, not only Thailand. However, Thais got a very close connection with their celebrities🙏

[Grumpy one]

How long before pretty boy becomes every ones favourite  boy in lockup

[brianthainess]

A Model Thai Citizen then....

[hotchilli]

7 hours ago, webfact said:

While residing in the UK, Pakahaan discovered his imminent capture upon learning about the issued arrest warrants. Driven by fear and desperation, he sought help from a Malaysian woman to enter Thailand discreetly, promising 5000 baht (£109) per trip as a fee

Cheap Charlie.

[PETERTHEEATER]

1 hour ago, Grumpy one said:

How long before pretty boy becomes every ones favourite  boy in lockup

Seems he's been practicing in Istanbul.....

[metisdead]

Some troll posts with denigrating comments toward the news article have been removed.

[john donson]

well he invested the money in his luxury trips, hotels...maybe you can get a share of his youtube income...lol

[SmokeandIce]

On 5/10/2024 at 7:04 PM, OneMoreFarang said:

It's always amazing how some people "think" a "model" is a good idea for investment advice. 

My thoughts exactly.  When investing hard earned savings, use due diligence to find a reputable company.