Home of gold ornament pyramid scheme suspect raided
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The Department of Special Investigation raided a house in Songkhla's Hat Yai district belonging to an alleged member of the gold ornament pyramid scheme.
The officials have not filed any charges yet as they are required to provide the accused person, Suttha Nosakulkhom, with an opportunity to explain herself.
Officials found documents that were “useful to the case”. They also impounded a luxurious car, gold bars and other assets belonging to Suttha.
However, Suttha has maintained her innocence and claimed to have been a victim of the scheme. She said she invested money in 13 kilograms of gold worth Bt20 million. After she was invited to join the scheme by an acquaintance, she initially invested Bt4 million and got good returns, so she invited her friends to join it.
She said she had no idea the company was illegal until a year ago when the money transfers to her became problematic. She was told that the firm’s financial system was being updated and then she found that all related websites were shut down.
