Thai Investment Scam Victim in Debt Commits Suicide After Being Cheated out of 7 Million Baht

Early in the morning of April 24, an employee at a barbecue restaurant in Thailand's Bang Kruai district found his boss committing suicide by burning charcoal in a car parked outside the store. Prior to that, the deceased Sarut had lost more than 7 million baht in an investment scam.

That morning, the barbecue restaurant employees were a bit confused when they found their boss's car parked outside the store because Sarut never arrived that early, and she was not at the restaurant. Later, the employee received a call from the boss's brother and realized that she had been missing for some time. After rushing to check her in the car, he employee found Sarut had lost all signs of life, and approached the police.

Sarut's friends praised her as a kind, generous and well-liked person who often fed the neighborhood's stray cats. However, Sarut faced financial difficulties during her lifetime.

_{Photo by DailyNews}

Police interviewed Sarut's friends and relatives and learned that the victim had lost more than 7 million baht in an investment scam. She had not only invested her life savings in the scam, but had even borrowed money to invest, not realizing that the so-called investment scheme was a entire scam.

After being scammed, Sarut suffered tremendous pressure. She was demanded by her creditors to repay, and said she wanted to end her life to escape the situation, though none took the words seriously.

Brutal investment scams always put the victims under immense financial pressure and mental stress. To avoid more tragedies, we call on the authorities to step up their efforts to crack down on scams, work on the methods of combating scams, and improve the protection for victims of investment scams.

At the same time, the public is advised to make investment decisions with caution. Before investing, carefully verify whether the financial company or broker is licensed by the local financial regulator, which is directly linked to the safety of clients' funds.