Pattaya police say 200 people have filed complaints after losing money to the dodgy online money-making app by “SPM Shopping Mall,” which appears to be a huge pyramid scheme. This week alone, 70 people, Thai nationals and foreigners, filed complaints with Pattaya City Police. Officers suspect around 10,000 people in Thailand fell victim to the scam, losing millions of baht altogether.
In reports filed with Pattaya police, victims say the suspects advertised the online investments on LINE and Facebook groups, as well as in comments made on Facebook. Victims say they had to make a minimum investment of 500 baht, according to the Pattaya News. A source told The Thaiger that the scheme entices people to make an investment with the promise of a 3-fold profit within 10 to 14 days.
The victims were asked to rate items in an online shopping mall by “clicking” on the item as a positive…
