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    <p>Five foreign nationals have been arrested in <a rel="noopener noreferrer nofollow" title="Thailand" href="https://thebittimes.com/tag/thailand.html">Thailand</a> in connection with a 2.7 billion baht ($76 million) <a rel="noopener noreferrer nofollow" title="Crypto" href="https://thebittimes.com/tag/crypto.html">Crypto</a> <a rel="noopener noreferrer nofollow" title="Scam" href="https://thebittimes.com/tag/scam.html">Scam</a> that duped more than 3,000 victims into supposedly <a rel="noopener noreferrer nofollow" title="invest" href="https://thebittimes.com/tag/invest.html">invest</a>ing in gold and Tether (USDT) before stealing their money.&nbsp;</p> 
    <p>On Sunday, an announcement from Thailand’s Cyber Crime Investigation Bureau (CCBI) revealed that an investigation into BCH Global Limited began when victims revealed their losses to the police in November of last year.&nbsp;&nbsp;</p> 
    <p>According to the CCBI, a number of investors lost their life savings, with some being forced to take out a second mortgage on their homes.&nbsp;</p> 
    <p>An investigation carried out by international law enforcement, including Homeland Security, led to four Chinese nationals and a Lao citizen being arrested and charged with planning to carry out <strong>transnational crime, money laundering, public fraud, and falsifying computer documents</strong>.</p> 
    <p>On August 10, Thailand’s Office of the Attorney General planned to prosecute the five suspects. By September 4, the country’s Anti-Money Laundering Office had confiscated property worth 585 million baht ($16.5 million).</p> 
    <figure class="wp-block-image size-large"> 
     <img decoding="async" loading="lazy" width="1024" height="618" src="https://cdn.thebittimes.com/images/2023/09/11/7bbc4dc60398d31384ba4fa606b16a29.webp" alt class="wp-image-45636" srcset="https://cdn.thebittimes.com/images/2023/09/11/7bbc4dc60398d31384ba4fa606b16a29.webp 1024w, https://cdn.thebittimes.com/images/2023/09/11/7bbc4dc60398d31384ba4fa606b16a29.webp 300w, https://cdn.thebittimes.com/images/2023/09/11/7bbc4dc60398d31384ba4fa606b16a29.webp 768w, https://cdn.thebittimes.com/images/2023/09/11/7bbc4dc60398d31384ba4fa606b16a29.webp 1536w, https://cdn.thebittimes.com/images/2023/09/11/7bbc4dc60398d31384ba4fa606b16a29.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px"> 
     <figcaption class="wp-element-caption">
       The BCH Global Limited home page, taken from Wayback Machine. 
     </figcaption> 
    </figure> 
    <p><em>Read more: Four admit to $1.6M Tether scam in Taiwan</em></p> 
    <p>A review of BCH Global LTD left on WikiFX said, “Just like many other scam brokers, they will try to convince you to invest more and say to help you gain more profits which you will never get back. Nothing else to say … <strong>STAY OUT IF YOU DON’T WANT TO BE SCAMMED!</strong>”</p> 
    <p>Despite operating as an apparent <a rel="noopener noreferrer nofollow" title="Crypto" href="https://thebittimes.com/tag/crypto.html">Crypto</a> <a rel="noopener noreferrer nofollow" title="Scam" href="https://thebittimes.com/tag/scam.html">Scam</a> in <a rel="noopener noreferrer nofollow" title="Thailand" href="https://thebittimes.com/tag/thailand.html">Thailand</a>, BCH Global Limited is <a rel="noopener noreferrer nofollow" title="registered" href="https://thebittimes.com/tag/registered.html">registered</a> in the United Kingdom.</p> 
    <p><em>Got a tip? Send us an email or ProtonMail. For more informed news, follow us on&nbsp;X,&nbsp;Instagram,&nbsp;Bluesky, and&nbsp;Google News, or subscribe to our&nbsp;YouTube&nbsp;channel.</em></p> 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/uk-registered-crypto-scam-stole-76m-from-thai-investors-tbt62314.html">https://thebittimes.com/uk-registered-crypto-scam-stole-76m-from-thai-investors-tbt62314.html</a></p>

UK-registered crypto scam stole $76M from Thai investors

TheBitTimes

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