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NEWS UPDATES Asean Affairs  March 8, 2018  

Man arrested for investment scams worth more than S$600,000

INGAPORE: A 29-year-old man has been arrested for his suspected involvement in a series of investment scams involving more than S$600,000, the police said on Tuesday (Mar 6).

Preliminary investigations reveal that the suspect is believed to be involved in more than 40 cases, the police said.

Between Feb 27 and Mar 4, several victims reported that they had responded to an online advertisement by the suspect claiming that they could double their investment within three months.

After payments were made by the victims via bank transfers, however, the suspect would become uncontactable.

The suspect was arrested on Monday.

The man will be charged on Wednesday. If convicted, he may be jailed more than 10 years and fined.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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