Over 20 Victims File Fraud Complaint Against Chonburi Share Scheme Operator
More than 20 individuals have reported a 41-year-old woman to Bo Win Police for allegedly defrauding them of over 10 million baht through a massive share scheme.
On October 31, 2026, a group of over 20 victims gathered at the Bo Win Police Station in Si Racha, Chonburi, to file a formal complaint against a 41-year-old woman identified as Ms. Nareerat. According to reports from Khaosod Online, the victims allege that the suspect operated a fraudulent share scheme that resulted in total losses exceeding 10 million baht. The complainants informed police that the suspect had managed approximately 400 different share groups, offering various investment formats including daily and other periodic options. The situation escalated when the suspect reportedly ceased payments and fled the local area, prompting the victims to seek legal recourse to recover their funds. Police officer Lieutenant Thammanoon Wiriyaprakob has received the complaints and initiated the investigation into the allegations of fraud. For residents and expatriates in Thailand, this case serves as a reminder of the risks associated with informal investment groups or 'share circles,' which operate outside of regulated financial frameworks. While the police have begun the process of gathering evidence and tracking the suspect, the total number of affected individuals and the final amount of financial loss remain subject to further investigation. Authorities have not yet confirmed the current whereabouts of the suspect.
