Cryptocurrency scammer arrested in Bangkok, Thailand after defrauding 500 million baht

lunaray
1 min readDec 29, 2021

Lunaray Intelligence Security Team: Cryptocurrency scammers arrested in Bangkok, Thailand after scamming 500 million baht
Our team reported that a man suspected of participating in a cryptocurrency investment scam was arrested in Bangkok, Thailand. He entices people to invest in his fraudulent cryptocurrency scheme by promising high returns and tells investors that they can get a 400% return on investment in just 200 days. According to the Bangkok Post, he tried to flee with more than 500 million baht (15 million U.S. dollars). According to the Thai authorities, Jumuang initially paid dividends to investors. However, as the number of investors continued to increase and the total investment reached 500 million baht, he and his associates could not be contacted. (Bitcoin.com)
Our security team reminds everyone to pay attention to the safety of personal assets to prevent being deceived by criminals.

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