Wednesday, November 13, 2024

Wanted! Thai YouTuber Allegedly Defrauded Thousands In Forex Fraud Scheme!

Spread financial intelligence

The popular Thai YouTuber Nathamon Khongchak a/k/a Nutty Nathamon, better known as Nutty the YouTuber, operates Nutty’s Diary and claims to be a successful forex trader. She reportedly stole $77 million from more than 6,000 followers by promising them high returns. fled abroad after allegedly cheating thousands of investors out of two billion baht ($54 million). The Taiwanese lawyer Phaisal Ruangrit filed criminal complaints against Natthamon with the Economic Crime Suppression Division.

Nathamon’s YouTube account Nutty’s Diary has over 800,000 followers. She allegedly invited people to deposit money in her account, promising 25% returns for three-month contracts, 30% for six-month contracts, and 35% for 12-month contracts. She pledged to pay returns every month.

On June 24, she announced she was being sued in two cases and would not be able to repay other investors if she was jailed. The Facebook page Drama-addict posted that Natthamon had fled to Malaysia. Some of the victims offered a bounty of several million baht for clues leading to the arrest of Nutty Nathamon.