A high-profile gold dealer in Saraburi has been arrested on fraud costs stemming from her operation of a gold investment scheme that allegedly defrauded tons of of investors out of over 100 million baht. The apprehension of the alleged fraudster, 38 yr previous Watsamon, occurred at a publish office in Tha Luang District, Lopburi, following a court-issued arrest warrant from Chai Badan District Court, dated May 8.
Watsamon managed a gold store known as Fueang Gold Dang situated in Nong Pla Lai Subdistrict, Mueang District of Saraburi. The shop’s inauguration attracted well-known magnificence pageant stars to boost its credibility. She additionally created a Facebook web page and an account beneath the title Watsamon Tongkhiew and Fueng Gold Dang Aom Thong Sale Gold Online, to lure individuals into her gold funding scheme.
The scheme promised monthly returns of 100 baht for each Salung (approximately 1 / 4 of a bar) of gold invested. Attracted by the promise of steady returns, hundreds of traders poured in additional than 100 million baht. However, when Ingredients got here for Watsamon to pay the promised returns, she failed to abide by her pledges and buyers have been unable to withdraw their funds.
Indeed, the traders jointly reported the state of affairs to the police and sought help from the Consumer Protection Police Division (CPPD) to expedite the gold fraud case. The arrest was made once the authorities discovered that Watsamon had fled to Lopburi after allegations have been made in opposition to her, reported KhaoSod.
Watsamon has since been handed over to Tha Luang Police Station for additional authorized action..