Chinese national wanted for massive pyramid scheme arrested n Samut Prakan (opens original article in a new tab)

A Chinese national wanted for his role in a multi-billion-baht pyramid scheme was arrested in Thailand. The suspect, Ju, was linked to the online investment platform ACE which defrauded thousands of investors. Police seized various documents and assets during the operation.

• Chinese national Ju arrested in Thailand for involvement in multi-billion-baht pyramid scheme
• Ju was key figure in online investment platform ACE that defrauded 470,000 investors
• Authorities seized multiple passports, documents, and assets during search of Ju's residence