Thai YouTuber Nutty flees after allegedly scamming $77 million from fans

  • 📰 asiaonecom
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 59%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

A popular Thai YouTuber accused of swindling thousands of investors out of two billion baht (S$77 million) in a foreign exchange trading scam has fled the country, police said. An arrest warrant was issued for Suchata Kongsupachak, a dancer also known as 'Nutty', who faces three charges, including fraud. Police said Suchata, 30, lured more than 6,000 victims to invest...

A popular Thai YouTuber accused of swindling thousands of investors out of two billion baht in a foreign exchange trading scam has fled the country, police said.

Police said Suchata, 30, lured more than 6,000 victims to invest in her forex trading company, promising returns of as high as 35 per cent on their contributions. Enticed by the prospect of higher profits, Suchata's fans started pouring thousands of baht into the scheme in April, but their dream turned sour when the influencer said in an Instagram post that she had lost all the money due to a "trading mistake".

The aggrieved investors have offered a five million baht award for information about the whereabouts of the Thai national, who is believed to have escaped to a neighbouring country.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Thai police hunt YouTuber 'Nutty' in multimillion-dollar forex scamBANGKOK: Thai police are hunting a YouTube dancer nicknamed 'Nutty', who swindled millions of dollars from her followers using a foreign exchange trading scam, authorities said on Wednesday (Aug 31). Natthamon Khongchak, 29, who also uses the aliases Leah and Suchata, has a following of nearly 850,000 on t It’s not living when you have to be on the run. I would chose to be homeless than be in her situation. End of the road
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Thai police hunt YouTuber 'Nutty' in multimillion-dollar forex scamBANGKOK: Thai police are hunting a YouTube dancer nicknamed 'Nutty', who swindled millions of dollars from her followers using a foreign exchange trading scam, authorities said on Wednesday (Aug 31). Natthamon Khongchak, 29, who also uses the aliases Leah and Suchata, has a following of nearly 850,000 on t It’s not living when you have to be on the run. I would chose to be homeless than be in her situation. End of the road
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »