CORRECTION: In the first story Jett referred to a Chinese man losing 130 billion baht. The correct amount was 130 million baht. We apologise for the error.
Hundreds, perhaps more than 400, investors have been defrauded by a bank manager at a Kasikorn bank branch in Pattaya.
The manager, named in a police report as “Mr. Gob”, was promising investors 3.5% interest, per month, yes… PER MONTH… for cash investments. It appears his high interest rate attracted hundreds of people wanting to take advantage of the generous terms.
One investor, who only found out about the scam yesterday when he visited the branch for his monthly rolling over of funds, told The Thaiger that he has lost 250,000 baht at this stage, with no official response from the Kasikorn head office in Bangkok yet being made about the situation.
Mr B, who has…
