YouTube Star “Nutty” Allegedly Cheats Followers Of $55 Million

YouTube Star 'Nutty' Allegedly Cheats Followers Of $55 Million

Natthamon did not reply to a direct message despatched to her Instagram account on Tuesday.

A preferred Thai YouTuber allegedly cheated hundreds of her followers to swindle about $55 million by a international alternate buying and selling rip-off that reportedly promised hefty returns on their investments.

Generally known as Nutty to her followers, Natthamon Khongchak attracted greater than 847,000 subscribers to a YouTube channel the place she posted dance movies. She additionally marketed personal programs for aspiring foreign exchange merchants on her Instagram account, posting photos of what she stated have been her income. 

Greater than 6,000 folks gave Natthamon Money to take a position, the Nation newspaper reported, citing a lawyer who helped dozens of alleged victims file complaints with Thai police. Followers have been lured with guarantees of returns of as a lot as 35% on their investments, the report stated.

In her final Instagram submit, in Could, Natthamon stated she owed 1 billion baht ($27.5 million) to buyers. Within the video, she claimed her dealer had blocked her buying and selling account and funds since March, however stated she would attempt to repay the Money

Natthamon did not reply to a direct message despatched to her Instagram account on Tuesday.

A Thailand police unit concerned in web crimes final week issued an arrest warrant for fraud towards Natthamon, in accordance with Wattana Ketumpai, a police officer on the Cyber Crime Investigation Bureau. 

To this point, the bureau has acquired complaints from 102 folks claiming they’d misplaced a complete of 30 million baht, he stated. New victims come ahead almost each day, with most claiming to have misplaced tens of hundreds of baht, Wattana stated. The numbers could possibly be increased, he stated, as complaints could have been lodged with different police places of work. 

Whereas Natthamon hasn’t been seen on social Media since June, followers are speculating that she’s fled the nation, the Nation reported. Nonetheless, immigration data present she hasn’t left Thailand, stated Wattana. 

(Aside from the headline, this story has not been edited by NDTV workers and is revealed from a syndicated feed.)

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