Chinese Ponzi scheme suspect arrested in Chiang Mai (opens in new tab)

CHIANG MAI — Thai police have arrested a 50-year-old Chinese national wanted in China for allegedly operating a fraudulent investment platform that authorities say functioned as a Ponzi scheme. The suspect, identified only as Hou, was detained at a housing estate in Nong Pa Khrang subdistrict, Mueang district, Chiang Mai, on 17 June after Thai […] The post appeared first on .