uFun Club arrests approach 50 in Thailand, 0 in Malaysia

15 Comments on “uFun Club arrests approach 50 in Thailand, 0 in Malaysia”

#1

Oz

Jul 31st, 2015 at 8:44 pm  Oz(Q)

Lol @ Parkpoom

Mr Parkpoom also appeared on the cable TV in Pattaya to convince his audience that Ufun’s operations are legal, said the assistant police chief, adding that the former TV emcee had managed a network of about 2,000 members and had received or transferred money worth about 11 million baht through his bank accounts.

But Parkpoom, however, defended that he only invested 157,000 baht in Ufun through the persuasion of his relatives.

He admitted that he persuaded about 30 friends to invest in Ufun.

Lol @ the “I know nothing!” defense.

This guy was selling uToken points and getting deposits into his bank account.

“But I only invested…” – Wrong question, ask him how much he made in referral commissions and direct deposits.

englishnews.thaipbs.or.th/ufuns-alleged-key-operative-arrested-in-pattaya



#2

albert

Aug 1st, 2015 at 6:35 am  albert(Q)

Nothing surprise anymoore! When will it be and end of this shit?

Pitty poore people who have been scammed. Justice turn out to be slow.



#3

Mithras

Aug 1st, 2015 at 11:09 pm  Mithras(Q)

I can’t believe Casey Tan has escaped prosecution so far with this scam.

This person is one of the ringleaders who should be in Jail.



#4

Albert

Aug 2nd, 2015 at 8:10 pm  Albert(Q)

Never heard anything abaut aussie women in a long time. Has she going to hide somewhere?



#5

anjali

Aug 2nd, 2015 at 8:43 pm  anjali(Q)

Albert: Never heard anything abaut aussie women in a long time. Has she going to hide somewhere?

the ufun/unascos scammers have mostly gone silent on social media. lyn summers is currently in malaysia, so it’s obvious she is fully pushing unascos:

Lyn Summers, July 31

Thrown the reading glasses away forever……..after Femto Lasik Surgery yesterday at the OPTIMAX EYE specialist in Malaysia.

casey tan is also in malaysia.

these guys have full protection in malaysia, it’s their home ponzi country.



#6

Albert

Aug 3rd, 2015 at 1:11 am  Albert(Q)

Rename Malaysia to Ponzieland! Land of the scammers and shady politicians!



#7

Oz

Aug 6th, 2015 at 6:20 am  Oz(Q)

Another two down:

Jewellery businessman Kanpatchasin Pitpaiboon, 42, reportedly had 796 downline members in the scheme and served as a speaker for UFUN.

Pongsak Pulsuk, 44, was accused of inviting 253 others to join the scheme and causing damages worth Bt12 million.

Suwira said police expected to arrest at least 100 of the 110 suspects who are still at large by the end of this month.

nationmultimedia.com/national/Two-more-arrested-over-UFUN-scheme-30266024.html



#8

kreak17

Aug 6th, 2015 at 9:21 pm  kreak17(Q)

Hi Oz,

More news from Samoa. It’s looks like the case has been elevated.

http://www.talamua.com/investors-money-remitted-to-ufun-group-account-in-thailand-was-unlawfully-done/



#9

lb

Aug 16th, 2015 at 6:48 am  lb(Q)

A cellphone shop owner in Buri Ram’s Lahan Sai district has been arrested for alleged involvement in the UFUN Thailand scandal.
Pol Colonel Angkul Klaikleung, deputy chief of the Consumer Protection Police Division, told a press conference yesterday that Winai Hengmakyos, 41, was wanted under a June 23 arrest warrant for allegedly being a key “downline” member of arrested suspect Namonpan Thara-bundit in the alleged pyramid scheme.

Angkul said the police probe found that Winai wired Bt1.7 million to Namonpan’s account 10 times for a total of Bt17 million, and that Winai had 40 members in his team with an investment sum of Bt40 million.

Winai told the press that he joined the scheme last August and had increased his capital money to Bt7 million – but allegedly got only Bt500,000 in return.

He said he did not file a police complaint because his mum had a heart condition and he did not know an arrest warrant had been issued against him, so he just hoped the case would end quietly.

NOLINK://www.nationmultimedia.com/national/UFUN-member-arrested-in-Buri-Ram-30266664.html



#10

hoss

Aug 16th, 2015 at 7:51 am  hoss(Q)

Oz: Suwira said police expected to arrest at least 100 of the 110 suspects who are still at large by the end of this month.

What do you expect the authorities to do once they arrest this many people?



#11

Albert

Aug 17th, 2015 at 3:40 pm  Albert(Q)

Is the aussie women still hiding? Never heard or read anything from her!



#12

Oz

Aug 18th, 2015 at 1:08 pm  Oz(Q)

@Hoss

What do you expect the authorities to do once they arrest this many people?

Use them as leverage to reel the big fish in.



#13

Oz

Aug 18th, 2015 at 3:35 pm  Oz(Q)

Another day, another Thai uFun Club ringleader arrested.

Police have made their 59th arrest in the notorious Ufun Store Ponzi scam.

Winai Hengyosmak was arrested outside a phone shop in Buri Ram where he allegedly heads a pool of Ufun subscribers.

Mr Winai was charged with fraud and collusion in a crime committed by the transnational network, Consumer Protection Police Division deputy commander Angoon Klaiklueng said.

Winai invested $9835 USD, withdrew a “considerable return” but maintains he is a victim.

Mr Winai said he did not go to the police to file charges against the scheme operators sooner because he was busy caring for his sick mother in hospital.

Pol Col Angoon said Mr Winai runs a mobile phone retail business in Buri Ram. He knows a key member of the scam, Namonpan Tharathip, who has also been arrested.

Mr Winai allegedly leads a Ufun chapter in Buri Ram and is believed to have wired more than 17 million baht to Ms Namonpan’s account.

Using your hospital bed-ridden mother as an excuse for hiding from police is pretty low.

And as for crying financial hardship, cue world’s smallest violin.

I bet half these arrested Thai ringleaders have jumped into Unascos too.

bangkokpost.com/news/general/656892/ufun-scammer-held



#14

Albert

Aug 19th, 2015 at 1:18 am  Albert(Q)

Have’nt see anything abaut Unascos lately. Low profile or what is happend? Bosses hiden or not?



#15

Oz

Aug 19th, 2015 at 5:49 am  Oz(Q)

Unascos is pretty quiet. Asian culture doesn’t usually see Ponzi victims coming forward until its too late.

So they’re still stringing everyone along by increasing the value of the Unascos points every few days. Nobody is withdrawing because they think they’ll “miss out” if they do so Unascos is in that quiet phase now where everyone builds their imaginary money.

If they’re not shut down, later in the year the early investors will start to withdraw again and you’ll see the same “we have no money” problems.