Thai YouTuber Nutty has given the term beauty with brains a whole new meaning after allegedly cheating nearly 6000 followers in a forex scam. Natthamon Khongchak, aka Nutty, defrauded 6,000 victims out of 2 billion baht ($54 million). Khongchak created a solid following of more than 847,000 subscribers on her YouTube channel, where she posted dance videos and advertised private courses for aspiring forex traders on her Instagram account, per Bangkok Post.
Nutty posted an apology on Instagram in what was her last post in the month of May, where she claimed to have lost all of her investor’s money after making a mistake while trading.
A seemingly dejected Natthamon confessed she owed 1 billion baht to investors. In the video, she claimed her broker had blocked her trading account and funds since March but said she would try to return the funds in some time. The news portal revealed a warrant for fraud was issued against Ms. Natthamon, according to Wattana Ketumpai, a police officer at the Cyber Crime Investigation Bureau.
The bureau received complaints from 102 people claiming they were duped of no less than 30 million baht. Moreover, new complaints keep pouring in daily. As far as Nutty is concerned, her social media in inactive for several months, causing followers to believe she has fled the country. However, as per Thai media reports, immigration records say otherwise.
Where is Nutty, the trickster?
Mothership shared that on Jun. 24, Natthamon announced that she was being sued in two cases and would not be able to repay other investors if she was jailed, according to The Nation. So furious are some investors/victims they are throwing away thousands of dollars for information about her whereabouts.
One cheated investor Nok, who was conned of 37 million Thai baht (nearly $1 million), has put a one million Thai baht ($28,000) bounty on Natthamon’s head. A local television channel revealed a group of Natthamon’s victims doubled the reward to two million Thai baht. Nutty is nowhere to be found, but as per immigration records in Thailand and has not fled to Malaysia as per popular belief.