In a dramatic flip of events, a enterprise investor just lately scammed over 10 people out of a staggering forty million baht (US$1,166,180) via a lottery quota sale tactic. The victims gathered to present the case to Bangkok’s Central Investigation Bureau earlier today, hoping to expedite the search for the fraudulent businessman, generally recognized as “Sia Mo,” who is now on the run.
Thamanan Thaengtim or Ja King’s Saphan Mai, along with the victims, met with Chantima Kunrotapsorn, the Deputy Director of Inquiry at the Bureau. They defined how they fell prey to the fraudulent scheme perpetrated by the forty two yr previous Sia Mo, also known as Songtham. He falsely offered himself as a successful businessman with an organization valued at 200 million baht (US$5,830,820) and exploited his self-proclaimed charitable acts.
He gained the trust of his victims, promoting them a lottery quota of 7,850 baht a booklet. He proposed that in the occasion that they most well-liked not to sell it themselves, they will make investments 7,600 baht per booklet and earn a return of 1,000 baht each month, claiming this may provide them a daily supplementary income.
A, a 45 yr old victim, mentioned that she had identified Sia Mo since January when a colleague launched him to her. Initially, she made a small funding and obtained her lottery quota. Boosted by the trust she gained after the first payout, she decided to invest extra, managing to pool around 9 million baht, together with her relatives’ contributions, reported KhaoSod.
However, Cheat sheet turned sour when she was not reaping the promised lottery quota. She made a number of makes an attempt to contact Sia Mo and demand a refund, but he was unreachable subsequently. She was alerted to the truth that he had absconded after accepting the charges beforehand at Rattanathibet Police Station, Nonthaburi.
In a similar account, Bee, one other sufferer 40 years outdated, recounted her experiences. Initially, she received returns and made steady investments afterward, elevating her contributions into the tens of millions. Things went downhill after the notorious “Not Lottery Plus” case, after which she didn’t receive the anticipated returns. When inquired, she was given varied excuses earlier than Sia Mo vanished.
District officers have taken down the victims’ testimonies as proof, further investigating the matter, and reporting to their commanding officers for further directive..