Thailand is a popular destination for tourists, expats, and digital nomads. However, it is also a hotspot for online scams that target foreigners and locals alike.
The current financial landscape is becoming increasingly perilous, with fraudulent individuals luring unsuspecting victims into various investment schemes – especially the trading of digital currencies through applications or websites and investments in cryptocurrencies.
Damages have been calculated in the billions of Thai baht. The Royal Thai Police has also emphasized the importance of being more cautious, advising members of the public to “not believe, not hurry, and not transfer money.”
Online scams in Thailand can take many forms, such as:
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