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Luxury cars worth tens of millions of baht seized from Ponzi scheme boss in Chiang Mai

Luxury cars worth tens of millions of baht seized from Ponzi scheme boss in Chiang Mai

13 Sept 09:26 Key points summarised by AI
  • Thai police seized luxury assets, including sports cars and motorcycles, from Nitikorn Inta, CEO of P Miner Cryptocurrency Group, implicated in a large-scale Ponzi scheme in Chiang Mai.
  • The illegal firm lured investors with promises of attractive returns from over 30 fake cryptocurrency projects, initially paying out before defaulting and claiming "liquidity problems."
  • Victims collectively lost an estimated 439 million baht to the scam, with most company executives now at large as police continue their investigation.
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