Thai Gem Scam

Thai Gem Scam - Politics, Business, Civil, History - Posted: 9th May, 2007 - 6:53pm

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Even Politicians and Police protect this scam
9th May, 2007 - 6:53pm / Post ID: #

Thai Gem Scam

Another confident trick. I am shocked to know the amount of these type of scams and to know that there are literally thousands of people out there willing to give big money to complete strangers and lose almost everything.

QUOTE
The Thai Gem Scam (also known as the Bangkok Gem Scam) is a confidence trick performed in Bangkok, Thailand. It has been alleged that this scam has been operating for the past 20 years, sometimes in the same premises. It has been suggested that individuals in the Royal Thai Police and even politicians protect this scam.

A network of touts and con men present the mark with an opportunity to profit from buying discount gems from a jewelry shop. The mark is convinced that he can buy gems at duty free price and bring them overseas for a three-fold or more profit. Through a network of helpers, each of whom tells the mark bits of information, the mark is guided to the jewelry shop....

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