Retired Aussie Policeman Loses THB40 Million in Crypto Scam
Alex is accused of luring Reinecke into a fraudulent digital currency scheme and a bogus investment website.
Reinecke explained that he became acquainted with Alex approximately a year ago through social media.
Alex, based in Phuket, subsequently invited Reinecke to meet him there and proposed an investment in cryptocurrency, promising lucrative returns of 5-10% per month.
Reinecke stated he decided to invest, swayed by Alex’s apparent credibility and feeling fully convinced after their in-person meeting and discussions.
However, shortly after Reinecke committed his funds, Alex abruptly claimed that the…