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News Forum - Bangkok police arrest 6 Taiwanese nationals for crypto fraud


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Police in Bangkok have arrested 6 Taiwanese men following a raid on a house in the Prawet district of the capital. The men are accused of conning over 500 people, mostly fellow Taiwanese, or Chinese nationals, through fraudulent online cryptocurrency investment schemes. According to a Bangkok Post report, the arrests happened when officers from the Police Cyber Taskforce, accompanied by officials from the Immigration Bureau, raided the property on May 27. Deputy national police chief, Damrongsak Kittiprapas, who also serves as Director of the Police Cyber Taskforce, says the men had used Thailand as a base for their operations. It’s […]

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lol.. imo, at the moment the entire unregulated Bitcoin community is a fraud. This lot just didn’t have the make pretend money to back it up. They should have created their own digital currency and they’d be free to pitch their own take of this global Ponzi scheme on billboards. The idea of digital currency is great however the current implementation is basically flawed. 

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22 minutes ago, IneptoCracy said:

Are these the quality digital nomads the government has trying to attract here?

Yes. Next. 😃

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3 hours ago, Fanta said:

lol.. imo, at the moment the entire unregulated Bitcoin community is a fraud. This lot just didn’t have the make pretend money to back it up. They should have created their own digital currency and they’d be free to pitch their own take of this global Ponzi scheme on billboards. The idea of digital currency is great however the current implementation is basically flawed. 

Bitcoin being just one... with over 18,000 cryptocurrencies currently in existence there is no storage of hucksters and con men defrauding the public with these crypto schemes

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