Thai Police Suspect Russian Expat for $22 Million Crypto Scam

[kreslik.news]

Thai Police believe that a Russian expat living in Phuket is behind the online forex trading scam that was conducted through SiamOption.com. The scam managed to trick 1.4 million people into investing 730 million baht ($22 million), the local currency in Thailand.

According to a report from The Phuket News, a weekly English language newspaper, Maj Ekkachai Siri of the Phuket Tourist Police confirmed on Thursday that the Russian expat in question is 37-year-old Alexey Chikalov from St Petersburg.

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On Wednesday this week, the Deputy Commander Maj Gen Surachate ... (read more)