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Abandoned offices of fugitive Thai YouTuber wanted over '55 million USD Forex scam'

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Footage shows the abandoned offices of fugitive Thai YouTuber Natthamon Khongchak, 30, who is wanted by police over an alleged Forex scam.

The glamorous businesswoman, also known by her nickname Nutty, is accused of running a Ponzi scheme by duping her fans out of money by promising them high returns on investments that never materialised.

She abandoned her two registered homes in Bangkok, Thailand, and a warehouse packaging cosmetics in Pathum Thai province, as seen in the video, before allegedly fleeing to neighbouring Malaysia, where she is believed to have relatives.

The full amount that Nutty is alleged to have swindled is not known but a lawyer representing a number of the complainants claimed last month that the figure could be as high as 55 million USD.

Police confirmed this week that the Bangkok Criminal Court had issued an arrest warrant for fugitive YouTube star Natthamon Khongchak and that a notice would be given to Interpol.

Officers said that so far 30 victims being represented by lawyer Phaisal Ruangrit had filed complaint to the country's Electronic Crime Suppression Division at the police Central Investigation Bureau. The complaints were taken to the court which then issued an arrest warrant on August 30 for Natthamon Khongchak, who used the nickname Nutty.

Police said that further victims had been identified and they were appealing for others to come forward.

Speaking on TV, Police Colonel Thapakorn Hanumas: ‘There are many victims in this case. There have been complaints from several localities, with 102 victims reporting damages in the area of 30 million baht.

‘The latest clue comes from someone who shared a video claiming that Nutty was found in Malaysia. It is still not confirmed whether it's an old picture or a recent one. Police will have to summon the informant to provide more information.

‘However, from checking the database of the Immigration police, Nutty's name was not found outside the country, according to the system. If she had escaped, she would have gone out through natural channels. Therefore, it is not confirmed whether the accused has fled to Malaysia or not.

‘But if the investigation is clear that the accused actually fled abroad, the police will coordinate with Interpol police to issue a red notice with the police of that country. She can be arrested immediately and extradited back to Thailand.

‘As for the investigation of the financial trails of the accused, we will be coordinating with banks, financial institutions and the Anti-Money Laundering Office.'

Police Colonel Thapakorn confirmed that the police will expedite their work in order to bring the accused to prosecution because this suspect caused severe distress to the victims.

Police Lieutenant Colonel Watthana Ket-Amphai added: ‘The suspect has links to Singapore and Malaysia, which we are investigating. We are confident that she will be caught with the co-operation of police in these countries.'

The full text of the arrest warrant, with the number 1649/2565, against Natthamon Khongchak and her secretary Nichapat Ratananukrom 33 states they are wanted ‘for together defrauding people'.

It states they are accused of ‘putting into the computer system of any false, misinterpreted or forged computer data in a manner that is likely to cause damage to the other person or to the public, advertising or announcing to the public of money borrowing where the pay benefits rates are higher that the highest interest rate that a financial institution can pay, knowing that the money from the lender will be used as revolving payment to the lender or know/should have known that it cannot operate any business that will provide sufficient benefits to be paid and is the reason for borrowing money.'

Lawyer Phaisal Ruangrit, who is representing some of the complainants, said the alleged victims each submitted various sums to Nutty's personal bank account.

Phaisal said that one victim deposited around 18 million baht ($495,228).

He said: 'The investors trusted her because she was a popular YouTube star with almost a million subscribers. She used her popularity to trick her followers.

‘On social media she displayed her wealth, with holidays, designer clothes, handbags, and cars. Her fans believed she was a successful businesswoman.'

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