Thai police arrest six foreigners in online investment scam

Bangkok – Six foreign nationals were arrested on charges of tricking other foreigners to invest in bogus companies in stock markets through the internet and taking their money, police said Saturday. Police Major General Panya Mamen, deputy Central Investigation Bureau commissioner, said four British nationals, one French man and a Filipino woman were arrested this week at a rented house in Bangkok while carrying out the scam, The Nation online news service said.

Police seized seven desktop computers, six notebook computers and 31 mobile phones from the house.

Information from the seized computers showed that they had deceived the victims into investing a total of more than 100 million baht (3 million dollars) in fake stocks.

(Earth Times)