Thai police recently arrested a Vietnamese woman suspected of involvement in cryptocurrency and foreign exchange fraud. She had previously been involved in a large-scale investment scam in Vietnam, which affected over 2600 individuals and resulted in losses totaling $300 million (approximately NT$9 billion). She was wanted by Vietnamese authorities and Interpol.

According to the Bangkok Post, the suspect, Ngo Thi Theu, 30, was arrested in a hotel in Bangkok's Watthana area. She was wanted for serious offenses such as fraud, and a red notice was issued against her by Vietnamese authorities and Interpol. Police indicated that Ngo was a core member of the fraud group, luring Vietnamese citizens into investing in forex and cryptocurrency with promises of high returns of 20% to 30% per month, often using celebrities and influencers to promote the scheme, which closely resembled a pyramid scheme.

Investigations revealed that the scam was led by a Turkish national, with 35 Vietnamese accomplices involved. They operated 44 offices in various cities, including Hanoi, Ho Chi Minh City, Da Nang, and Hoi An, employing over 1000 people and even expanding operations into Phnom Penh, Cambodia. After learning of Ngo's escape to Thailand, Vietnamese police collaborated with Thai authorities to apprehend her.