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Thursday, May 16, 2024

The Boiler Rooms of Thailand

A fool and his money are soon parted, as the saying goes. But it’s not just fools that have lost their savings in Thailand to fraudsters; it’s people like you and me.

The worst thing about it is, the scammers are usually our fellow countrymen – hailing from the United Kingdom, Europe, Australia, US, and elsewhere.

The ringleaders choose Thailand to set up because it’s easier to fly under the radar here, and because workers are easy to find.

Many expats find themselves broke and desperate, drained by booze and babes. Others want a more lavish lifestyle, way above the THB 35k they were getting as a teacher. So when big commissions beckon, it’s easy to turn a blind eye to morals.

Everyone moving to Thailand should be aware that boiler room operations exist and that nefarious people walk among us.

Use the information below to learn how these scammers work, and follow my tips further down…

Read more…

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