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Guyanese man, 62, arrested in Phuket for age-old ‘black money scam’

1 min read
Royal Thai Police motorcycle license plate

Royal Thai Police motorcycle license plate. Photo: Mattes.


PHUKET: Police are investigating a network still using the old “black money” scam after a 62-year-old man from Guyana was arrested in Phuket and is now under investigation for fraud reportedly amounting to B9 million.

The black money scam has been in use for more than two decades, convincing people to pay money for banknotes that the con artists insist have been removed from circulation and have been washed with black ink to make them unusable, but with the right chemicals the banknotes could be washed clean and used again.

Full story: thephuketnews.com

By The Phuket News


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