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Bangkok Post
Bangkok Post
National

Investors conned into fake jewelry business

ECD Line
Economic Crime Suppression Division police serve Samrit Buapa, standing left, with a warrant for his arrest, at his house in Ubon Ratchathani's Nam Yuen district on Sunday. (Photo supplied)

Economic Crime Suppression Division (ECD) police have arrested a man accused of deceiving 25 people into investing in a non-existent jewelry business, defrauding them of around 10 million baht.

ECD commander Pol Maj Gen Putidet Boonkrapue said that Samrit Buapa, 54, was taken ito custosy at his house, No.105 at Moo 2 village in tambon Bu Puay of Nam Yuen district, Ubon Ratchathani province, on Sunday by officrs with an arrest warrant. 

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