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    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.

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    Property Fraud

    Real Estate Investment Fraud

    Fraudulent developers or agents sell non-existent properties, overvalue investments, or use Ponzi schemes disguised as property returns.

    critical risk
    Target: Foreign investors and retirees seeking rental income from Thai property
    Estimated losses: THB 1,000,000 – 50,000,000+ per victim • Prevalence: Common in resort areas (Phuket, Pattaya, Koh Samui, Chiang Mai)

    How It Works

    1

    Developer or agent advertises 'guaranteed rental returns' of 8-15% per year

    2

    Investor buys off-plan or purchases units in 'managed' rental pools

    3

    Initial returns may be paid from new investor money (Ponzi structure)

    4

    Returns decrease or stop; developer claims market conditions changed

    5

    Developer disappears, goes bankrupt, or project is never completed

    Warning Signs

    Guaranteed returns above 6% per year (unrealistic for Thai property)

    Pressure to invest quickly ('limited units', 'price increase tomorrow')

    Developer has no track record of completed projects

    Investment structure is unclear or overly complex

    Agent discourages involving a lawyer

    What To Do

    ✓ Never invest without independent legal advice from YOUR lawyer
    ✓ Check the developer's track record — visit completed projects
    ✓ Verify land title and building permits at the Land Office
    ✓ Use escrow accounts for payments — never pay directly to an agent
    ✓ If promised returns seem too good to be true, they are

    How to Report

    Department of Special Investigation (DSI): 1202
    Police: 191 for criminal fraud
    Anti-Money Laundering Office (AMLO): +66 2-219-3600
    SEC (for securities-related investment schemes): 1207

    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.

    Speak to a LawyerContact Anglo Siam Legal

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