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American arrested over soured investments

American arrested over soured investments

Promises about futures contracts were broken, with losses exceeding B3 million

Economic Crime Suppression Division (ECD) police officers show Matthew Christensen (second from right) an arrest warrant at a hotel in the Nana area in Klong Toey district of Bangkok on Friday. (ECD photo)

An American citizen was arrested on Friday on charges of illegally luring investors to put money into derivatives and securities futures contracts that resulted in losses of more than 3 million baht, police said.

Economic Crime Suppression Division (ECD) police officers apprehended Matthew Christensen, 37, at a hotel in the Nana area of Klong Toey district…

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