‘Duped’ forex investors file police complaints

WEDNESDAY, MAY 10, 2017
‘Duped’ forex investors file police complaints

About 100 people led by Samart Jenchaijitwanich, president of the Stop Money Game Federation, filed police complaints against two private firms on Tuesday, claiming they’d been duped into making foreign-exchange investments on the promise of high returns. 

The group filed formal complaints against Innovision Holding Co and The System: Plug & Play Co with the Department of Special Investigation at the Government Complex in Bangkok’s Lak Si district. 
The federation has claimed that 40,000 people across the country lost a total of Bt2 billion in the alleged scam, buying forex investment packages ranging in price from Bt4,500-Bt108,000. It said they were promised 30-per-cent monthly returns on their investments.