Thai celebrities among 18 arrested for pyramid scheme

Thailand’s police captain Kitrat Phanphet told reporters that police were looking into bank accounts and money transfers linked to the offenders to find out if any additional people were involved.

The business reportedly reportedly lured its customers by providing low-cost online sales training.

When enrolled, it coerced them into making more purchases and economic agreements ranging from 2, 500 ringgit to 250, 000 ringgit which was used to market for new recruits.

Some of the patients– who ranged from low-income staff to a high-earning player – had paid more than 600, 000 ringgit to the organization, according to local advertising. Authorities are yet to determine the total number swindled.

Thailand&nbsp, is no stranger to common scams cases. A” Forex-3D” system last year tainted thousands of people into purchasing a fictitious foreign exchange trading system.

The country’s longest non-life statement, according to the” Guinness Book of Records”, was imposed on Thai arch system fraudster Chamoy Thipyaso, who was jailed for 141, 078 times in 1989.

Despite having conned some members of the royal family, she was released after only eight years in jail.