A 69 year old Thai woman, known as Pattana, was arrested in a religious facility in Nakhon Ratchasima province for her alleged involvement in a Ponzi scheme at a company that deceived over 3,000 victims, causing nearly 1.3 billion baht in damages. Pattana’s son had reportedly used her name in the fraudulent company that offered high returns from cloud storage investments.
Authorities from the Crime Suppression Division (CSD) apprehended Pattana on today, following an arrest warrant from the Lamphun Provincial Court. The charges related to fraudulent public borrowing and the use of false computer data to defraud the public. Victims who had fallen prey to the scheme filed a complaint against the company, leading the Department of Special Investigation (DSI) to initiate an inquiry. Over 2,800 victims have already provided statements, totalling 1,303,127,202.99…
