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Monday, May 6, 2024

Thai couple nabbed for 10 million baht online coffee scam

Picture courtesy of KhaoSod

Police have arrested a husband and wife, both notorious online swindlers, who are suspected of defrauding victims out of over 10 million baht in an online coffee business scam. They were apprehended in front of their residence in Baan Ped, Mueang Khon Kaen province, following arrest warrants from Nan Provincial Court.

Thirty year old Phanupong and 36 year old Kusuma, a married couple, had been enticing their victims to invest in their purported online coffee production and sales business, promising high returns. They claimed their products were available in department stores nationwide. Many unsuspecting investors were lured into parting with more than 3 million baht (US$ 86,692). However, the couple did not invest the funds as promised, but instead, used it for their personal expenses. When the victims enquired about their investments, the couple…

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