Actor accused in bitcoin investment scam

Breaking News August 09, 2018 12:07

By The Nation

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A once-popular actor has been charged with gulling foreigners into transferring him more than 5,500 bitcoins as an investment.

Police picked up Jiratphisit Jarawitchit, 27, at noon on Wednesday at a shopping mall in Bangkok’s Chatuchak district.

The Criminal Court issued arrest warrants for him and six alleged accomplices on July 26.

Jiraphisit was being detained at Crime Suppression Division headquarters pending further interrogation.

Police said he and the others got foreign investors to transfer them 5,564 bitcoins to invest in a cryptocurrency called dragon coin and buy shares in other firms, including X-Pay Software, NX Chain Inc and DNA 2002.

But the investors did not receive the promised yields and were never invited to attend shareholder meetings. Suspecting they’d been deceived, they filed complaints with the CSD.

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