'Mae Manee' charged with B1.3bn Ponzi fraud
published : 27 Jan 2020 at 19:41
writer: Post Reporters
The public prosecutor charged Wantanee “Mae Manee” Tippaveth, her husband and five other people on Monday with defrauding over 2,500 victims out of a total 1.3 billion baht through their Ponzi scheme.
Ms Wantanee, the originator of the “Mae Manee” scam, 30, her husband, Metee Chinpa, 20, and five friends and members of her family who recruited for her, all denied the charges, saying they would justify themselves on March 9 when the case is heard in court.
Ms Wantanee and her accomplices have been charged with operating a Ponzi scheme between March and October last year in which they are alleged to have deceived victims into investing, on the promise of high returns which failed to materialise.