The Thailand Consumers Council (TCC), a consumer watchdog, deserves a big round of applause for launching civil lawsuits against social media giants and commercial banks accused of allowing scammers to exploit local consumers.
It is the first time Thais have sued international mega-platforms such as Meta, Line, Apple and Google in a local civil court. In the lawsuit, the plaintiffs accuse these platforms of allowing fraudsters to use their services to lure 10 consumers into fraudulent investment schemes, resulting in losses of 230 million baht. Nine local banks are also being sued for allegedly allowing cybercriminals to use their banking services to siphon off illicit funds.
