Thai YouTuber Nutty flees after allegedly scamming US$55 million from fans
- Police said Suchata ‘Nutty’ Kongsupachak lured some 6,000 victims to invest in her forex trading company, promising returns of as high as 35 per cent
- Nutty, who had more than 840,000 YouTube followers, often showed off her luxury cars, watches and property on social media
A popular Thai YouTuber accused of swindling thousands of investors out of 2 billion baht (US$55 million) in a foreign exchange trading scam has fled the country, police said.
An arrest warrant was issued for Suchata Kongsupachak, a dancer also known as “Nutty”, who faces three charges, including fraud.
Police said Suchata, 30, lured more than 6,000 victims to invest in her forex trading company, promising returns of as high as 35 per cent on their contributions.
Wattana Ketumpai, an officer at the Cybercrime Investigation Bureau, told the Nation newspaper that Suchata often showed off her purchases, such as luxury cars, watches and property, on social media.
So far 102 victims had filed complaints to authorities totalling 30 million baht (US$825,000), Wattana said.
The YouTuber with more than 840,000 followers claimed she amassed her wealth from forex trading.
Enticed by the prospect of higher profits, Suchata’s fans started pouring thousands of baht into the scheme in April, but their dream turned sour when the influencer said in an Instagram post that she had lost all the money due to a “trading mistake”.
