Gold fraud: Trader arrested for defrauding traders of over one hundred million baht

A high-profile gold dealer in Saraburi has been arrested on fraud costs stemming from her operation of a gold funding scheme that allegedly defrauded hundreds of buyers out of over a hundred million baht. The apprehension of the alleged fraudster, 38 12 months previous Watsamon, occurred at a publish office in Tha Luang District, Lopburi, following a court-issued arrest warrant from Chai Badan District Court, dated May eight.
Watsamon managed a gold store known as Fueang Gold Dang located in Nong Pla Lai Subdistrict, Mueang District of Saraburi. Guaranteed ’s inauguration attracted well-known beauty pageant stars to boost its credibility. She additionally created a Facebook page and an account under the identify Watsamon Tongkhiew and Fueng Gold Dang Aom Thong Sale Gold Online, to lure people into her gold investment scheme.
The scheme promised monthly returns of 100 baht for every Salung (approximately 1 / 4 of a bar) of gold invested. Attracted by the promise of steady returns, lots of of traders poured in additional than one hundred million baht. However, when the time got here for Watsamon to pay the promised returns, she failed to abide by her pledges and traders have been unable to withdraw their funds.
Indeed, the buyers jointly reported the state of affairs to the police and sought help from the Consumer Protection Police Division (CPPD) to expedite the gold fraud case. The arrest was made as soon as the authorities discovered that Watsamon had fled to Lopburi after allegations were made in opposition to her, reported KhaoSod.
Watsamon has since been handed over to Tha Luang Police Station for further authorized action..