YouTube star 'flees Thailand after conning fans out of £46m'

YouTube star Nutty ‘flees Thailand after conning thousands of fans out of £46million’

  • Suchata Kongsupachak, 30, allegedly conned 6,000 of her fans into investing in her forex trading company by promising returns as high as 35 per cent
  • She often posted photographs on social media showing an array of luxury cars, watches and properties that she claimed she had gained from broker 
  • But it was all a lie – the 6,000 fans never received the profits they were promised

A Thai YouTube star accused of conning thousands of her fans out of £46 million in a foreign exchange trading scam has fled the country, police have said.

Suchata Kongsupachak, 30, who has more than 840,000 YouTube subscribers, allegedly conned 6,000 of her fans into investing in her forex trading company by promising returns as high as 35 per cent.

Kongsupachak, a dancer known as ‘Nutty’, often posted photographs on social media showing an array of luxury cars, watches and properties that she claimed she had gained from forex trading via a broker called ‘IQ option’, police said.

But it was all a lie – the 6,000 fans never received the profits they were promised and they instead were scammed out of £46 million (2 billion baht).

Suchata Kongsupachak, 30, who has more than 840,000 YouTube subscribers, allegedly conned 6,000 of her fans into investing in her forex trading company by promising returns as high as 35 per cent

Kongsupachak, a dancer known as ‘Nutty’, often posted photographs on social media showing an array of luxury cars, watches and properties that she claimed she had gained from forex trading via a broker called ‘IQ option’, police said

A lawyer who is representing dozens of the victims said one person sent £424,170 (18 million baht) to Kongsupachak’s bank account. 

In April, the YouTube star told the fans she had lost all of the money they had invested because of a ‘trading mistake’. 

Kongsupachak is believed to have fled to Malaysia after a Thai court issued a warrant for her arrest on charges of fraud, reports the South Morning China Post. 

Kongsupachak is believed to have fled to Malaysia after a Thai court issued a warrant for her arrest on charges of fraud

Wattana Ketumpai, an officer at the Thailand’s Cyber Crime Investigation Bureau, told the Nation Thailand: ‘Suchata often posted photos on social media showing her wealth with luxury cars, watches, bags and property while claiming she had gained them from forex trading via a broker called ‘IQ option’.

‘She then invited her fan club and followers to invest in forex trading with her company called Suchata Co Ltd, while guaranteeing up to 100 per cent returns. Investments could be made either in cash or via a fiduciary contract.’

More than 100 victims have come forward so far to file complaints against Kongsupachak. 

The investors have now offered a £117,753 reward to anyone who can provide them with information about where Kongsupachak is. 

Kongsupachak, who runs a YouTube channel called ‘Nutty’s Diary’, has changed her name twice. She was previously called Leah Kongchak and Natthamon Kongchak, reports Nation Thailand.

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