Two Chinese nationals suspected of crypto fraud arrested in Bangkok, Thailand! The amount involved exceeds 600 million yuan
News on November 15: Thai police recently arrested two Chinese suspects, a man and a woman aged 52 and 28, in Bangkok’s Rama 9 area.
According to the investigation, the two allegedly ran a pyramid scheme scam under the guise of cryptocurrency investment, using fake investment opportunities to lure victims. The case involves losses exceeding 3.2 billion baht, equivalent to more than 600 million yuan.
The two had previously been wanted by police in Changde, Hunan, China. Acting on information provided by Chinese authorities, Thai police tracked them down through immigration and accommodation records and eventually arrested them near their apartment.
Their Thai residence permits have now been revoked, and Thai authorities are coordinating their deportation to China to face investigation and legal proceedings.
This case is also a warning to crypto investors: real investing depends on a project’s value and market fundamentals—not recruiting others, making grand promises, or enticing you to keep investing with promises of high returns.
Cryptocurrency itself is not a scam, but stay extremely alert to people who use the pretext of crypto investment to defraud others! #泰国推出WORPT支持游客加密货币兑泰铢消费
News on November 15: Thai police recently arrested two Chinese suspects, a man and a woman aged 52 and 28, in Bangkok’s Rama 9 area.
According to the investigation, the two allegedly ran a pyramid scheme scam under the guise of cryptocurrency investment, using fake investment opportunities to lure victims. The case involves losses exceeding 3.2 billion baht, equivalent to more than 600 million yuan.
The two had previously been wanted by police in Changde, Hunan, China. Acting on information provided by Chinese authorities, Thai police tracked them down through immigration and accommodation records and eventually arrested them near their apartment.
Their Thai residence permits have now been revoked, and Thai authorities are coordinating their deportation to China to face investigation and legal proceedings.
This case is also a warning to crypto investors: real investing depends on a project’s value and market fundamentals—not recruiting others, making grand promises, or enticing you to keep investing with promises of high returns.
Cryptocurrency itself is not a scam, but stay extremely alert to people who use the pretext of crypto investment to defraud others! #泰国推出WORPT支持游客加密货币兑泰铢消费