A Frenchman took to social media to accuse three Thai nationals of running a huge real estate scam, luring hundreds of victims into investing in a property project in Phuket. The total loss was over 100 million baht.
The Frenchman said on his Twitter account, Swann Polydor (@soueuls) on October 7, that many people, both Thai and foreign, had invested their money in a Phuket property project called City Life Patong. Polydor said the scammers “took hundreds of millions of baht from investors and built nothing.”
Polydor revealed the identities of the alleged Thai scammers in the post, along with their pictures. Polydor said the main figure in the fraud ring was a Thai man reportedly named Sawit “Mai” Ketroj, who claimed to be the CEO of Emerald Development Group.
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