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    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

    Cryptocurrency Investment Scam

    Scammers in Thailand promote fake crypto investment platforms, Ponzi schemes, and fraudulent tokens targeting expats and tourists.

    critical risk
    Target: Expats, digital nomads, and tourists with disposable income
    Estimated losses: THB 100,000 – 10,000,000+ per victim • Prevalence: High and increasing — especially among digital nomad communities

    How It Works

    1

    Scammer approaches victim at social events, co-working spaces, or online expat groups

    2

    Pitches a 'guaranteed return' crypto investment platform or mining operation

    3

    Shows fake dashboards with impressive returns

    4

    Encourages initial small investment that shows 'profits'

    5

    Victim invests larger amount

    6

    Platform suddenly 'freezes' or disappears with all funds

    Warning Signs

    'Guaranteed returns' of 10%+ per month

    Pressure to invest quickly before 'opportunity closes'

    Unregistered platform — not licensed by Thai SEC

    Referral bonuses for recruiting other investors (Ponzi structure)

    Cannot withdraw profits easily — always an excuse for delays

    What To Do

    Stop all further investments immediately
    Document all communications, transactions, and platform screenshots
    File a police report at the Cyber Crime Division
    Report to Thai SEC (securities regulator)
    Contact your embassy for guidance

    How to Report

    Cyber Crime Investigation Bureau: 1599
    Thai SEC complaints: sec.or.th
    Tourist Police: 1155
    Your embassy's fraud department

    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.

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