Chinese 'boiler room couple' arrested over investment scam in Thailand
Published date: Tue, 05 Sep 2023 15:43:57 +0700
A Chinese couple has been arrested in Thailand for allegedly scamming investors out of more than 41 million USD.
Suspected boiler room fraudsters Wang Pu and Shang Yu reportedly lured their victims into a Ponzi scheme by promising them large returns on their investments through the fake fundraising company 'Tianjin Wusetsu'.