June 23, 2021
Scam/Fraud

40 Pattaya locals among 100 losing millions ‘investing’ with Facebook scammer

Neungrude Sompong and Wijittra Nilsamai reported to Pattaya police they were part of a group of investors who lost money in an online scam.

About 100 people went to police after sending money to a Facebook user running a fraudulent investment scam.

Neungrude Sompong and Wijittra Nilsamai, both 23, spoke to Pattaya police for the group, alleging that Napaporn Suwanachot, 23, absconded with all the cash invested in her illegal Ing Oil investment scheme.

The scam was yet another online version of a common Thai custom of pooling savings and allowing people to borrow funds when needed. The interest from the loans is supposed to go back into…

Read full article here: www.pattayamail.com