The excact same scam has been perpetrated on 2 bike shops in Pattaya in the last 2 years, One shop is still in Business as the owner is an honorable man who is working his arse off to pay back 3m baht to customers , he himself lost 11m baht , he was ripped off by long standing staff member in cahoots with corrupt police and an insurance company and members of a bike club. Some of the people involved have been arrested and some money and books recovered. His business is solid though as he has big stocks and good connections now.
One of the perpetrators of the scam is being very co-operative with investigators in return for lenient treatment and more assets will be recoverd soon.
The other shop was forced to close ,the owner lost 8m baht but no customers were affected.
My investigations hint that some off the people who ripped Siam are connected to the group who ripped off the Pattaya shops.
The Land transport dept is very poorly organised , not much linkage between departments or computerisation, many bikes are not on bangkoks computer even if they have a green book,especially if they were registered in certain provices.
Jerry.
One of the perpetrators of the scam is being very co-operative with investigators in return for lenient treatment and more assets will be recoverd soon.
The other shop was forced to close ,the owner lost 8m baht but no customers were affected.
My investigations hint that some off the people who ripped Siam are connected to the group who ripped off the Pattaya shops.
The Land transport dept is very poorly organised , not much linkage between departments or computerisation, many bikes are not on bangkoks computer even if they have a green book,especially if they were registered in certain provices.
Jerry.
