Scammers often use half-baked investment knowledge to trick people who want extra income. The formats keep changing, but the warning signs are always the same.
Common Scam Types
| Type | Characteristics |
|---|---|
| Fake trading apps or websites | The screen shows impressive profits, but you cannot withdraw your money, or you must pay a fee before withdrawing |
| LINE or Telegram "stock tutor" groups | Shills show off profits and urge you to transfer money into a private fund or buy stocks following their signals |
| Impersonating celebrities or major companies | Fake images or videos (Deepfakes) of famous people are used in advertisements |
| Ponzi schemes | Abnormally high returns, and you must recruit new people in order to receive money |
| Romance scams that lead to investment pitches | They build a relationship through social media, then urge you to invest in their own platform |
| Newly launched crypto coins | Advertised as going up hundreds of times, then the creators dump their holdings |
Warning Signs
- Guaranteed returns, such as "a sure 10% per month." No one can guarantee returns on real investments
- Pressure to decide quickly
- Being asked to transfer money to an individual's account
- Requests for passwords, OTP codes, or to install apps that remotely control your device
- No license, or claiming a foreign license that cannot be verified
- Unable to withdraw money, and told to pay "tax" or an "unlock fee" first
Verify Before Every Transfer
- Check the list of licensed operators from the SEC through the website or the SEC Check First app
- Search the company name together with words like "scam" or "can't withdraw"
- Consult family members or someone knowledgeable before transferring a large sum
If You Have Already Been Scammed
- Stop transferring more money immediately, even if the other party says you must pay to withdraw
- Contact your bank as soon as possible to request a freeze on the recipient account
- File a report at the Online Police Reporting Center, thaipoliceonline.go.th, or call the hotline 1441
- Report tips about Forex or illegal financial activity to the Bank of Thailand at 1213
The team behind this website has no policy of asking you to transfer money to invest on your behalf and does not send trading signals. If anyone uses our name to solicit investments, please notify us immediately.
For education only, not investment advice. Figures change over time, so check official sources before making decisions.