Ponzi scheme alleged as qualities of ‘white medicine’ supplement questioned online - News Summed Up

Ponzi scheme alleged as qualities of ‘white medicine’ supplement questioned online


The group was led by Samart Jenchaijitwanich, president of the Anti-Ponzi Scheme Federation of Thailand. Samart also alleged that Nattapong had concealed that he had not bought the cars using profits from the business, but they were instead purchased using loans. Alleged victims claimed that they had been convinced to sell “Ya Kao”, or “white medicine”, a food supplement that is supposed to make skin firmer and whiter, Samart said. Meanwhile, Nuttapong met with officials from the Office of Consumer Protection Board, denying that his company was a Ponzi scheme. The story has gone viral on Facebook amid discussions about the real qualities of the supplement.


Source: The Nation Bangkok December 07, 2017 11:12 UTC


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