A Thai woman who conned Japanese and Singaporean retirees to invest in a retirement scam has been arrested in Lat Krabang, Bangkok.
Along with her Japanese husband who helped to convince the victims, Warinthorn, 44, promised 10% returns on investment in providing loans to retirees to satisfy the 800,000 baht visa extension process.
She ran a company called Locomotion Tour plus a visa extension agency in Chiang Mai. She was arrested at Yuklarat Condominium in Thap Yao, Lat Krabang in the Thai capital on a warrant and taken back to the Chang Pheuak police in the north. Losses in the fraud are 30 million baht.
Thai Tourist Police Bureau held a press conference at Suvarnabhumi Airport yesterday. No mention was made of the Japanese husband in the case.