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Nurse Arrested for 58-M Baht Ponzi Scam Targeting Colleagues

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Picture courtesy of Matichon 

 

Police have arrested a 36-year-old nurse accused of defrauding her colleagues in a fraudulent investment scheme involving more than 58 million baht in circulating funds. The suspect, identified as Ms. Kanyarat, was detained on 19 October 2025 in Tambon Khulu, Trakan Phuetphon District, Ubon Ratchathani Province, under a warrant issued by the Phra Khanong Criminal Court on 5 September 2025.

 

The arrest was ordered by Pol. Maj. Gen. Thasnapoom Charuprat, Commander of the Economic Crime Suppression Division (ECD) and executed by Pol. Col. Krit Woratat, Superintendent of Division 4, alongside Pol. Lt. Col. Kittiya Wijitchan, Deputy Inspector. Investigators said the case stemmed from complaints filed in 2022 by 11 nurses, who reported being tricked into investing in what the suspect described as a loan-lending business promising high monthly returns of 15%, or 180% annually.

 

Initially, Ms. Kanyarat made small profit payments to gain the victims’ trust, encouraging them to invest more. However, the payouts later became irregular and eventually stopped altogether. When the victims attempted to contact her, they discovered that she had disappeared, prompting them to file complaints with the police.

 

A financial investigation revealed that the suspect’s claims were false and that she had never operated a legitimate loan business. Instead, she had been using money from new investors to pay earlier participants, in a classic Ponzi-style scheme. Authorities found over 58 million baht had moved through her bank accounts, with no evidence of any real investments capable of generating the promised returns.

 

During questioning, Ms. Kanyarat confessed that she had accumulated heavy credit card debts and devised the fraudulent scheme to raise money. She admitted to luring her colleagues and friends into investing by offering high returns, but eventually ran out of funds to continue the cycle and fled. She has been handed over to investigators from Division 4 of the ECD for prosecution.

 

Police urged the public to be cautious of similar investment invitations offering unusually high returns, warning that such schemes often rely on money from new participants to sustain earlier payouts. Authorities are also reviewing whether additional victims or accomplices are involved in the case.

 

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Key Takeaways

 

• A 36-year-old nurse was arrested for defrauding colleagues in a fake investment scheme worth over 58 million baht.

• The scheme promised 15% monthly returns but operated as a Ponzi cycle using new investors’ money.

• The suspect confessed, claiming she acted due to credit card debt, and now faces prosecution under fraud charges.

 

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Fake-illness-insurance-scam-busted-in-Chiang-Mai-Bangkok

 

image.png  Adapted by Asean Now from Matichon 2025-10-21

 

 

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