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"Wives of foreigners" fall victim to massive Ponzi scheme on Koh Samui

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They like gambling? Well you just lost, accept it. 

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You can bet a number of them did it with their boyfriend's money.  A friend told me his gfs sister lost 100k on two different ponzis.. We agreed that 200k is more than 99% of them have in the bank.  And probably more than 70%of Americans. 

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3 hours ago, wwest5829 said:

Hmmm, I am told that there is Forex trading via Dubai returning 10% a month. Seems to be working but my financial radar is beeping warnings. Anyone have any information?

Buy Sterling, sure to rise !

regards Worgeordie

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1 hour ago, Jane Dough said:

I suppose the victims of Bernie Madoff were all uneducated Thais, were they?

 

Rooster

No just  greedy buggers like them.

regards worgeordie

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5 hours ago, BTB1958 said:

How can people be so stupid.  Reading about these scheme's every day and they still fall for it.  They say a sucker is born every day.  But in Thailand its about a thousand born every day.  Unbelievable 

It's called greed !!

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6 hours ago, BTB1958 said:

How can people be so stupid.  Reading about these scheme's every day and they still fall for it.  They say a sucker is born every day.  But in Thailand its about a thousand born every day.  Unbelievable. 

What does it say about the farang "buffalos" who married them? 

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Posted (edited)

People are taken in by these scams all over the world but those with poor education are especially vulnerable as their lack of decent job opportunities makes "being your own boss" an attractive prospect.  This website gives you an insight as to just how many of these blatant crooks there are.  By the way, not all MLM companies are Ponzi schemes but the difference can get pretty blurred. 

Edited by Greenside
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The world is literally full of suckers, and the rip-off artists never run out of marks.  

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2 hours ago, crazykopite said:

It appears having read the article that the headline “ Wives of Foreigners “ is very misleading I would imagine that most of those woman who have been defrauded are normal working Thais that are not even related in anyway to a foreigner.

With that kind of cash to invest in a gamble, I'd suggest it's more like "normal working girls" as opposed to "normal working Thais"

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