GrandPapillon Posted March 7, 2021 Share Posted March 7, 2021 23 minutes ago, Thujone said: According to the U.S. Attorney’s Office, Karlsson admitted that he used the website to invite potential investors to purchase shares of the plan for less than $100 per share, promising an eventual payout of 1.15 kilograms of gold per share, an amount of gold which as of Jan. 2, 2019, was worth more than $45,000. If those figures aren't a red flag, I don't know what is. I'd have asked him if I could invest $10 for $4,500 worth of gold, just to test the idea out. people are gullible and believe anything, and yes, "too good to be true" is not a red flag for them see the bitcoins and $GME mania as prime example of crowd stupidity ???? Link to comment Share on other sites More sharing options...
hashmodha Posted March 7, 2021 Share Posted March 7, 2021 “Pre Funded Reversed Pension Plan”..????????????????????????????.... There is no such thing on this planet!..... Hmmmmm Link to comment Share on other sites More sharing options...
hotchilli Posted March 7, 2021 Share Posted March 7, 2021 6 hours ago, rooster59 said: According to the U.S. Attorney’s Office, Karlsson admitted that he used the website to invite potential investors to purchase shares of the plan for less than $100 per share, promising an eventual payout of 1.15 kilograms of gold per share, an amount of gold which as of Jan. 2, 2019, was worth more than $45,000. Yep a sound as a pound investment... NOT. Link to comment Share on other sites More sharing options...
polpott Posted March 7, 2021 Share Posted March 7, 2021 1 hour ago, shy coconut said: I find it hard to have sympathy with anyone acquainted with someone with your user name. How intelligent of you! Ever signed up to a ponzi scheme? Link to comment Share on other sites More sharing options...
edwardandtubs Posted March 7, 2021 Share Posted March 7, 2021 7 hours ago, rooster59 said: Instead, the funds provided by victims were transferred to Karlsson’s personal bank accounts Not the most sophisticated boiler room operator around, was he? Those who actually know how to scam gullible pensioners and launder the proceeds are still doing big business in Thailand, with protection at the highest level. 1 Link to comment Share on other sites More sharing options...
Yellowtail Posted March 7, 2021 Share Posted March 7, 2021 7 minutes ago, edwardandtubs said: Not the most sophisticated boiler room operator around, was he? Those who actually know how to scam gullible pensioners and launder the proceeds are still doing big business in Thailand, with protection at the highest level. For example? Link to comment Share on other sites More sharing options...
edwardandtubs Posted March 7, 2021 Share Posted March 7, 2021 4 minutes ago, Yellowtail said: For example? Well if they have protection at the highest level, it's not a good idea to name them is it? But you've probably drunk in a bar that is in fact a laundry. 1 1 Link to comment Share on other sites More sharing options...
Yellowtail Posted March 7, 2021 Share Posted March 7, 2021 20 minutes ago, edwardandtubs said: Well if they have protection at the highest level, it's not a good idea to name them is it? But you've probably drunk in a bar that is in fact a laundry. Yeah, if you told me you'd have to kill me, right? Link to comment Share on other sites More sharing options...
Popular Post edwardandtubs Posted March 7, 2021 Popular Post Share Posted March 7, 2021 9 minutes ago, Yellowtail said: Yeah, if you told me you'd have to kill me, right? You must be extremely naive if you think there are no boiler rooms in Thailand. 2 1 Link to comment Share on other sites More sharing options...
Jan Dietz Posted March 7, 2021 Share Posted March 7, 2021 2 hours ago, hashmodha said: “Pre Funded Reversed Pension Plan”..????????????????????????????.... There is no such thing on this planet!..... Hmmmmm Is that like Milliways? Quote Reservations are easily obtained, since they can be booked once the patron returns to his or her original time after their meal, and the restaurant's bill can be paid by depositing a penny in any bank account of the present time: by the end of the universe, the compound interest on that penny over the course of time after 170 quintillion years (short scale) will be enough to pay the extremely high bill. https://hitchhikers.fandom.com/wiki/Milliways Link to comment Share on other sites More sharing options...
simon43 Posted March 7, 2021 Share Posted March 7, 2021 2 hours ago, edwardandtubs said: Well if they have protection at the highest level, it's not a good idea to name them is it? But you've probably drunk in a bar that is in fact a laundry. Ah, I must have been really drunk! I wondered why my beer tasted like washing machine softener liquid!! Link to comment Share on other sites More sharing options...
Susco Posted March 7, 2021 Share Posted March 7, 2021 2 hours ago, edwardandtubs said: Well if they have protection at the highest level, it's not a good idea to name them is it? But you've probably drunk in a bar that is in fact a laundry. Many years ago I dated a girl from a gogo bar in WS. The owner was a ~70 year old German guy, who lived in Germany. When he came to Thailand on holiday, he would bring bags full of cash money with him, and have them stored in his hotel room. Link to comment Share on other sites More sharing options...
ExpatOilWorker Posted March 7, 2021 Share Posted March 7, 2021 31 minutes ago, Susco said: Many years ago I dated a girl from a gogo bar in WS. The owner was a ~70 year old German guy, who lived in Germany. When he came to Thailand on holiday, he would bring bags full of cash money with him, and have them stored in his hotel room. Yeah, it is expensive to own a go-go. Link to comment Share on other sites More sharing options...
Mr Meeseeks Posted March 7, 2021 Share Posted March 7, 2021 3 hours ago, Yellowtail said: For example? Many of the big bars on Sukhumvit were bought with boiler room money. It's common knowledge. Link to comment Share on other sites More sharing options...
tomazbodner Posted March 7, 2021 Share Posted March 7, 2021 11 hours ago, rooster59 said: According to the U.S. Attorney’s Office, Karlsson admitted that he used the website to invite potential investors to purchase shares of the plan for less than $100 per share, promising an eventual payout of 1.15 kilograms of gold per share, an amount of gold which as of Jan. 2, 2019, was worth more than $45,000. About as believable as Nigerian prince wanting to hand me over 300 million (three hundred million!) dollars... Link to comment Share on other sites More sharing options...
crazygreg44 Posted March 7, 2021 Share Posted March 7, 2021 (edited) I would never call him a "criminal" Much rather, he is a GENIUS we get frauded every other day by our corrupted government individuals and yet never complain I wouldn't call the people who participated in his schemes, "victims" I would call them fools Edited March 7, 2021 by crazygreg44 1 Link to comment Share on other sites More sharing options...
Yellowtail Posted March 7, 2021 Share Posted March 7, 2021 5 hours ago, edwardandtubs said: You must be extremely naive if you think there are no boiler rooms in Thailand. I never said there weren't. I just don't believe you know who's running them. Link to comment Share on other sites More sharing options...
Yellowtail Posted March 7, 2021 Share Posted March 7, 2021 1 hour ago, Mr Meeseeks said: Many of the big bars on Sukhumvit were bought with boiler room money. It's common knowledge. Which ones? Link to comment Share on other sites More sharing options...
gunderhill Posted March 7, 2021 Share Posted March 7, 2021 10 hours ago, Mr Derek said: Money is for spending, not investing. The trick is to get the balance right between self-sacrifice (work) and self-indulgence (consumption). Those who work so hard as to make more money than they care to spend have no concept of the meaning of life. This guy was arguably doing society a valuable service, if only society knew it. Some get the greatest pleasure in life from making it and nothing else matters. Link to comment Share on other sites More sharing options...
polpott Posted March 7, 2021 Share Posted March 7, 2021 3 hours ago, Yellowtail said: Which ones? At one time, the whole of NEP. 1 Link to comment Share on other sites More sharing options...
bartender100 Posted March 7, 2021 Share Posted March 7, 2021 1 hour ago, polpott said: At one time, the whole of NEP. I believe they still do. They are the complete untouchables in Thailand, so much money they can buy off anyone. Of course this came from ripping off people all over the world in boiler room scams Plenty on Reddit and other forums 1 Link to comment Share on other sites More sharing options...
Mr Meeseeks Posted March 8, 2021 Share Posted March 8, 2021 8 hours ago, Yellowtail said: Which ones? Like I stated before it is common knowledge amongst the Bangkok expat community. I have been a Bangkok expat since 1990, so I knew several of the owners and 'investors' personally and can confirm they used their bars to launder money stolen from British and Aussie pensioners through boiler rooms. You'll have to do your own research to find out the names. 1 Link to comment Share on other sites More sharing options...
tonray Posted March 8, 2021 Share Posted March 8, 2021 I wonder if he'll have to do 15 days quarantine before getting a friendly cellmate ? Link to comment Share on other sites More sharing options...
metisdead Posted March 8, 2021 Share Posted March 8, 2021 A post using inappropriate language has been removed. A post using oversized bold font has been removed. Link to comment Share on other sites More sharing options...
Pravda Posted March 8, 2021 Share Posted March 8, 2021 Basically invest $100 to get $45,000 No, don't feel sorry for the "victims" Link to comment Share on other sites More sharing options...
mtls2005 Posted March 8, 2021 Share Posted March 8, 2021 So he was able to invest in local real estate? Of course this too will be investigated, the properties sold and Karlsson's victims compensated. Joking. 1 Link to comment Share on other sites More sharing options...
Yellowtail Posted March 8, 2021 Share Posted March 8, 2021 5 hours ago, Mr Meeseeks said: Like I stated before it is common knowledge amongst the Bangkok expat community. I have been a Bangkok expat since 1990, so I knew several of the owners and 'investors' personally and can confirm they used their bars to launder money stolen from British and Aussie pensioners through boiler rooms. You'll have to do your own research to find out the names. That's what I thought, thanks. Link to comment Share on other sites More sharing options...
Iron Tongue Posted March 8, 2021 Share Posted March 8, 2021 Wonder if the Thais will return any money after they sell all the seized properties and other assets in Thailand. Link to comment Share on other sites More sharing options...
Jeffro008 Posted March 8, 2021 Share Posted March 8, 2021 15 hours ago, crazygreg44 said: I would never call him a "criminal" Much rather, he is a GENIUS we get frauded every other day by our corrupted government individuals and yet never complain I wouldn't call the people who participated in his schemes, "victims" I would call them fools very clever man and balls I say. also very well thought out but a big player so got caught. I'm sure we all know of smaller type scammers that if put together would add up and add up to more Link to comment Share on other sites More sharing options...
Yellowtail Posted March 8, 2021 Share Posted March 8, 2021 6 minutes ago, Jeffro008 said: very clever man and balls I say. also very well thought out but a big player so got caught. I'm sure we all know of smaller type scammers that if put together would add up and add up to more Yes, apparently it's common knowledge. Everyone but me knows all these scammer/boiler-room people, and no one will tell me who they are! Link to comment Share on other sites More sharing options...
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