Police in Thailand have raided 13 rooms in a Bangkok apartment complex in connection with an alleged Ponzi scheme called UFUN that may have promoted a fraudulent type of digital currency.
Last month Songmetta estimated that about 120,000 people were affected by the scheme. Losses could reach as high as 38bn Thai bhat ($1.13bn), he said.
So far over 110 victims have filed complaints with the police.
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