Analysis Of A Scam Targeting Thais Who Want Work

[onlycw]

The promise: guaranteed prices for home assembly work

The trick: well known business women are used to take investments (all kinds of amounts, 25 k to 300-400 k and more). No paperwork, no receipts, no contracts.

A look behind the scene: an apartment rented for 2,700 Baht, all the "work" piling up instead of being exported.

The cash got transferred to third party accounts and the many investors do not know the bosses. They gave money to these women whom they know and trust.

Now the people are in denial and wasting precious time instead of reporting this to the Police.

People mortgaged their homes or condos and went to loan sharks to raise money to invest. This is very ugly -

and the master mind might just get away with it as they suckers paid not him but the fall women

*****

What would you suggest the victims do? AFAIK, the women who collected the funds transferred them on.