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News Forum - Shiitake happened to nearly 2,000 victims in Thailand who lost over 1 billion baht in a mushroom farm scam


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Shiitake happened to about 2000 people who invested in a mushroom farm in the Isaan province of Sakhon Nakhon after scammers without good morels said thank you very mush to more than 1 million baht of their cash. The media reported that Turtle Farm in Sakhon Nakhon invited people from all over Thailand to invest and become shareholders in the mushroom farm business. Turtle Farm announced that the business was profitable and would offer a monthly dividend of 18 to 20%. The company also hired a Thai celebrity to be their brand ambassador, making the business seem authentic. Everything was […]

The story Shiitake happened to nearly 2,000 victims in Thailand who lost over 1 billion baht in a mushroom farm scam as seen on Thaiger News.

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When will people ever learn there are no returns on offers  that promise "unbelievable returns"

If it is too good to be true, it then it ain't true,  it is a scam.

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"He added that the police terminated their bank accounts and were working with Interpol to track down the group".

Interpol can't track down "Boss", a high profile Monster!  

 

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Whenever you see an investment promising 15-20% monthly return you can be sure it is a Ponzi scheme. Making 15-20% per year might be possible. But even then, high returns come with high risk.

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