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Bangkok Post
Bangkok Post
National

Cloud-based investment fleeced victims of B12bn

Thousands of people have complained to the Department of Special Investigation that they lost 12 billion baht in total investing in a fraudulent scheme claiming to lease cloud-based data storage space.

DSI director of informal financial business cases Wissanu Chimtrakul said on Monday that 3,531 people said they had been lured into investing online in the "Storage City Platform" since 2019.

He said 2,878 of them had already filed their formal complaints with the department, with estimated losses of 12 billion baht altogether.

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