The post Thailand Arrests 5 in $27M Crypto Investment Fraud Scheme! appeared first on Coinpedia Fintech News

Thailand’s Cybercrime Investigation Bureau has apprehended a group of five individuals, including four Chinese and one Laotian, for allegedly participating in a fraudulent cryptocurrency investment scheme. The group is accused of deceiving over 3,200 Thai locals into investing more than $27 million, making it the largest loss from fraudulent cryptocurrency investments in the country. Cointelegraph reported the development.