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uFun Club Ponzi losses top half a billion dollars

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Whereas uFun Club was initially thought to have been a $307 million dollar Ponzi scheme, new estimates have raised that figure to a staggering $618 million. And that figure is expected to rise as authorities continue to investigate the scam. Following the arrest of uFun Club accountant Namonphan Tharabundit, Thai police obtained a search warrant on [Continue reading...] Source: uFun Club Ponzi losses top half a billion dollars

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