Fraud suspects Ratchanok Khaophut, 32, and her younger sister Ratchanee, 27, are questioned about the online gold investment fraud after Crime Suppression Division police arrested them at their house in Satun on Thursday. (Photo by Assawin Pakkawan)SATUN: Two sisters have been arrested on charges of swindling about 100 people out of at least 10 million baht in total through fraudulent online gold investments. The pair were accused of running a pyramid-like scheme in which victims were invited to buy gold, and then cheated. The two sisters said they had been swindled out of 3 million baht and another victim lost as much as 8 million baht. CSD police said investors appeared to have lost at least 10 million baht.

Source: Bangkok Post September 14, 2018 06:11 UTC