Gold fraud: Trader arrested for defrauding buyers of over 100 million baht

A high-profile gold dealer in Saraburi has been arrested on fraud costs stemming from her operation of a gold investment scheme that allegedly defrauded lots of of traders out of over one hundred million baht. The apprehension of the alleged fraudster, 38 12 months old Watsamon, occurred at a publish office in Tha Luang District, Lopburi, following a court-issued arrest warrant from Chai Badan District Court, dated May 8.
Watsamon managed a gold store often recognized as Fueang Gold Dang located in Nong Pla Lai Subdistrict, Mueang District of Saraburi. The shop’s inauguration attracted well-known magnificence pageant stars to boost its credibility. She additionally created a Facebook page and an account under the name Watsamon Tongkhiew and Fueng Gold Dang Aom Thong Sale Gold Online, to lure people into her gold investment scheme.
The scheme promised month-to-month returns of 100 baht for every Salung (approximately 1 / 4 of a bar) of gold invested. Attracted by the promise of regular returns, hundreds of investors poured in more than a hundred million baht. However, when Soaring came for Watsamon to pay the promised returns, she didn’t abide by her pledges and traders have been unable to withdraw their funds.
Indeed, the buyers collectively reported the situation to the police and sought assist from the Consumer Protection Police Division (CPPD) to expedite the gold fraud case. The arrest was made as quickly as the authorities learned that Watsamon had fled to Lopburi after allegations were made towards her, reported KhaoSod.
Watsamon has since been handed over to Tha Luang Police Station for further authorized motion..

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