Traders concern B40bn currency trading operator is another ponzi – Bangkok Submit
About a hundred men and women frequented the Department of Special Investigation on Friday and complained they suspect a international exchange company they invested with is a forty-billion-baht pyramid plan.
They ended up accompanied by law firm Ronnarong Kaewphet, who reported they ended up shoppers of “Foreign exchange-3d”, and they preferred the DSI to settle for the situation for investigation due to feared enormous injury.
The company appeared to run like a actual entity due to the fact it needed its prospects to file prepared requests for “dividends” and hold out for its “board of administrators” to approve the payment, Mr Ronnarong reported. Even so, payments to its prospects stopped in April and May perhaps.
Mr Ronnarong reported according to the Foreign exchange-3d site it experienced about 30,000 members living in Thailand and overseas, and a revolving fund of about forty billion baht. It needed just about every member to spend a minimum 50,000 baht and offered a 10% every month return.
“These men and women asked the DSI to aid by verifying the business enterprise of the company… Some stars who posed for photographs with its CEO should really make clear if they know him individually, or ended up hired for promotion. Supporters of the stars invested in it, next their favourite stars,” Mr Ronnarong reported.
A female who gave her name as Peeraporn reported she experienced not believed the company was a ponzi plan due to the fact it experienced been functioning for four several years. She invested a 6-digit sum in it.
DSI director-basic Paisit Wongmuang reported officers would promptly ferret out the specifics in the situation, and then come to a decision whether to choose up the problems for more investigation.
Foreign exchange-3d promotes itself as a privately owned on the net broker.