Wednesday, September 22, 2021

1 Billion Baht Assets Seized, DSI Arrests Forex 3D Pyramid Scheme Founder at Thonglor Luxury Condo in Bangkok

The founder had been arrested before.

When: January 15th, 2021

Where: Thonglor, Bangkok

Perpetrator: Mr. Apirak Kotthi

Victims: 10,000+ people scammed

What: On January 15th, 2021, officers from DSI raided a luxury condo in the Thonglor area of Bangkok. They were after Mr. Apirak Kotthi, the founder of Forex 3D. A seizure of assets also took place worth roughly 1 billion baht. The warrant stated he eluded arrest since an investigation in 2019 and had traveled throughout Thailand and regional countries. He had been arrested before in 2020.

There will be a press conference at 2PM by the DSI with further details of the arrest.

According to a report from Channel 7, a group of celebrities were involved in the pyramid scheme. DSI got involved and treated it as a special case. Property was seized as follows: 5 homes and land; condos in Bangkok, Chanthaburi, and Chiang mai worth 380 million baht; 19 cars worth 90 million baht; 12 motorcycles worth 3.6 million baht; and frozen assets of roughly 600 million baht.

Over 10,071 victims had filed complaints with authorities.

Defend independent crime reporting in Thailand.
Stay informed with weekly digests of top crime stories & original reports. No selling, no spam!

My take: Pyramid scheme scammers are the pond scum of humanity. It’s a massive problem all over the world and I follow the cases closely in Thailand, publishing them every time I come across them.

I’ll be looking forward to the press conference at 2PM. Good work, DSI.

Stay informed: True Crime Thailand has a simple mission. To deliver hard-hitting true crime stories from Thailand. We don’t pull any punches. Stay informed. Subscribe now. https://truecrimethailand.substack.com/

Join our rapidly growing Facebook community. Always uncensored, we put free speech first: https://www.facebook.com/groups/TrueCrimeThailand1

Source: https://www.matichon.co.th/local/crime/news_2530073, https://news.ch7.com/detail/461651

Are you on Telegram?

So are we.

Here’s a link to the True Crime Thailand Telegram channel where we can get the stories that matter the most out in the most direct and efficient way without the interference of Big Tech: Click Here for Telegram Channel

Special Note about Facebook

My personal profile on Facebook was completely nuked — BOOM, just deleted with no warning. This isn’t just a Facebook jail sentence. I was completely banned from the platform.

12+ years of connections, networking, content, the whole works is just poof gone.

So look, if you came to this page from Facebook, and you’d like to continue to read True Crime Thailand content in the event that my group and page are taken off the platform (it’s inevitable), then I only ask that you sign up to my newsletter.

I do not spam. I only use it to send out a weekly digest of the best crime news in Thailand, along with original reports that I write — about once a week, too.

You can sign up here:

Thailand's Daily Crime Pill is to be taken with a splash of soda, a tall Chang, a cuppa tea, or coffee - the choice be yours. And it's free, just trade your email and you get the good stuff straight to your inbox.

Latest Posts

Bangkok chemsex party ends in steamy bust: meth and COVID-19 found.

Saunas, meth, and covid -- oh my! 60 party-goers were arrested in the raid, most have pleaded guilty to a variety of crimes. But...

Keep your ear to the ground.

The whole picture of the Golden Triangle narcotics trade will never be known -- all we have are incomplete pictures.

Scarface in Pattaya: Chinese National Shoots 2 Royal Thai Police

It takes serious cojones to confront somebody that you very well know is armed and dangerous.