Educational Information Only — Not Legal Advice

    This site provides educational information only and is not a substitute for professional legal advice. Consult a qualified Thai lawyer for personalized guidance. Laws may change. Full DisclaimerPrivacy Policy

    Skip to main content
    Last updated:
    Share:

    Educational Information Only

    The content on this page is for general educational purposes and does not constitute legal advice. Every legal situation is unique. For matters involving investigation, arrest, litigation, or formal proceedings, consult a qualified legal professional.

    Back to Scam Alerts
    Financial Fraud

    Crypto & Investment Scam

    Fraudulent cryptocurrency and investment schemes targeting foreigners with promises of guaranteed high returns.

    critical risk
    Target: Expats, digital nomads, retirees with savings
    Estimated losses: THB 100,000 – 50,000,000+ • Prevalence: Rapidly increasing

    How It Works

    1

    Victim introduced to 'exclusive' investment opportunity via social media or dating apps

    2

    Shown fake trading platforms with impressive returns

    3

    Small initial investment yields apparent profit (Ponzi structure)

    4

    Victim invests larger amounts

    5

    Platform becomes inaccessible or additional 'fees' demanded for withdrawal

    Warning Signs

    Guaranteed returns (no legitimate investment guarantees returns)

    Pressure to invest quickly

    Unlicensed platform or adviser

    Returns seem too good to be true (10%+ monthly)

    Difficulty withdrawing funds

    What To Do

    Verify investment platforms with SEC Thailand
    Never invest based on social media or dating app recommendations
    Check SEC's investor alert list
    Report immediately if you suspect fraud
    Preserve all communication records and transaction receipts

    How to Report

    SEC Thailand: 1207
    Cyber Crime Division: 1441
    Anti-Money Laundering Office (AMLO)
    File report at thaipoliceonline.com

    Professional Legal Assistance

    When a matter involves investigation, arrest, detention, litigation, or regulatory action, professional legal representation becomes essential.

    Anglo Siam Legal provides experienced legal services across Thailand for both Thai nationals and foreigners.

    feedback.wasThisHelpful