DSI reaches out online to victims of B2bn currency scam

Victims of the “forex investment” pyramid scheme gather at the Department of Special Investigation in June to submit evidence to back their complaint. (Photo by Wichan Charoenkiatpakul)

The Department of Special Investigation (DSI) is resorting to online questioning of about 5,000 people nationwide affected by a 2-billion-baht “forex investment” pyramid scheme because of their huge number.

An initial investigation found between 4,000 and 5,000 victims of “The System Plug and Play Co” and “Innovision Holding Co” operated by Phudit KIttitarakilok, 34, according to Pol Lt Col Payao Thongsen, director of Bureau of Special Crime One at the DSI.

In order to speed up evidence gathering and processing of the case, he said, DSI interrogators were sending questions online to affected people to answer.

Investigators will then transcribe the answers into official paper reports and the victims to sign them, Pol Lt Col Payao said.

As well, DSI investigators will travel to the North where there were many victims, including in Chiang Mai, to question some of them in person, he said.

The DSI will also ask police stations that received complaints to hand over any information they had as it had now decided to handle the case.

Mr Phudit was accused of luring victims to invest in financial seminars and courses offering investment packages worth between 4,500 and 108,000 baht. He allegedly promised to invest victims’ money in foreign exchange and offered yields of 1% per day.

He fled the country on April 18 but immigration police arrested him on Aug 8.

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