cryptocurrency fraud

OneCoin Fraudster Sebastian Greenwood Sentenced to 20 Years in US Prison

In 2014, Sebastian Greenwood, a dual citizen of Sweden and the United Kingdom, founded OneCoin in Sofia, Bulgaria, alongside Ruja Ignatova, a German citizen also known as the Cryptoqueen. They promoted their cryptocurrency as the next Bitcoin, attracting numerous unwary investors worldwide, including Thailand. However, OneCoin was nothing more than a pyramid scheme, defrauding around 3.5 million people out of $4 billion.

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chinese tourism investment

Improved Visa Policies to Boost Tourism and Investment between China and Thailand

Chinese Ambassador to Thailand, Han Zhiqiang, has expressed his support for the new government’s policies regarding visa privileges for Chinese visitors. This move is expected to stimulate tourism and investment between the two countries. Mr. Han discussed the visa measures during an orientation for the 18th Mandarin for Government Officers Workshop, organized by the ThaiChinese Cultural Relationship Council (TCCRC) and the King Prajadhipok’s Institute. Pol Lt Gen Pitak Jarusombat, deputy president of the TCCRC, also attended the event.

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scam network money laundering

Model and Suspects Deny Involvement in Alleged Scam Network

On September 1, Jakkreena “Kiki Maxim” Chookhaowsri, a model, and eight other suspects were arrested for their alleged involvement in a Chineseled scam network. The Technology Crime Suppression Division (TCSD) took them to the Criminal Court to seek their detention. The suspects were apprehended during a police crackdown operation targeting illegal activities, including cryptocurrency investment fraud, romance fraud, and money laundering.

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