Another influencer has recently come under fire for allegedly tricking over 6,000 victims into a forex trading scam.
Natthamon Khongchak, a Thai YouTuber best known by her screen name Nutty’s Diary, has about 843k subscribers. She claims to be a professional forex trader but has reportedly defrauded her investors out of almost $2 billion baht.
A lawyer for fraud victims, Mr. Phaisal Ruangrit, came forward on August 24 with 30 victims and filed accusations against her with the Economic Crime Suppression Division.
One victim allegedly put $18 million baht (RM 2.2 million) into her “forex trading programme,” claims Mr. Phaisal.
Nutty promised her investors monthly profits and earlier this year presented them with three options.
She presented the following three choices:
- 3 months with 25% return
- 6 months with 30% return
- 12 months with 35% return
She further asserted that numerous celebrities have invested in her “forex trading scheme” to increase its credibility. According to investigations, the celebrities she mentioned are unrelated to her Ponzi operation.
Some investors complained in April that they hadn’t yet received the promised payouts. Later in May, Nutty posted on Instagram a message in which she claimed that she had made a “poor” trading decision that had cost her all of her money.
She promised to put in a lot of effort to pay back the investors. On June 24, she declared that she was currently the target of two lawsuits and she was “threatening” that if she went to jail, she wouldn’t be able to pay back the investors’ money.
After the incident, on August 28, PPTV, a reliable source in Thailand, said that although Thai Immigration didn’t have any records of Nutty leaving the country, it’s plausible that Nutty may have departed Thailand via Malaysia.
Any individual who is successful in finding her will receive a bounty prize worth $2.3 million baht.
Be careful when investing in trading schemes, do make sure it’s reliable or you may lose all your money.
Also read: M’sian Influencer Dates Multiple Men At A Time, Treating Them Like ATM Machines