Police from Thailand's Cyber Crime Investigation Bureau CCIB have arrested seven people and seized a large amount of assets from two companies, which allegedly operated a Ponzi scheme luring people to invest in mushroom, bee and kratom, an addictive plant farming, with promises of unrealistically high returns.
CCIB spokesman Pol Col Krisana Pattanacharoen said that the two entities, Mining Mine X Company and Lak Si Station Limited Partnership, set up several mushroom farms in the north-eastern province of Sakhon Nakhon and invited members of the public to invest in their mushroom, bee and kratom farming businesses with the promise of quick and high returns between November 2021 and July 2022.
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