Pattaya residents and expats accuse bank manager of fraud, hold protest

Around 50 to one hundred Thais and foreigners in Pattaya held a protest final Friday accusing the assistant manager of a local Kasikorn Bank department of scamming them out of greater than 300 million baht. A report was filed back in February accusing the assistant bank manager of defrauding individuals out of tens of millions of baht, for some it was their life financial savings, by promising excessive returns for investments.

No nonsense held a sign saying “Danger K Bank Not return Our Money !!” Another individual had an indication saying “ Danger!!! Cover-up is Not Safe at K Bank”

According to Thai media, the financial institution agreed to pay again at a complete amount of around 300 million baht plus curiosity. Reports say the financial institution didn’t provide compensation back as they promised. A doc demanding compensation was sent once more with the deadline of December 20, however there was no response from the financial institution and customers who lost cash in investments then decided to carry a protest.
Protesters agreed with authorities to hold off on rallies till January eleven to offer officers time to evaluate the case..

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