Thailandís Immigration police have arrested a 37 year-old American man in Bangkok for allegedly stealing Bt300,000 from a Thai investor. The American conned the victim into investing in an application that can search for condominiums, jobs, cleaning services, and other services.

The American man identified only as Mr. Matthew was arrested under a warrant by Immigration officials. They received notification from Lumpini Police Station in Bangkok about a Thai investor who lost money to a foreign man.

The Thai victim was invited to register a company dedicated to creating an application that can help users find condominium rooms, find jobs, find maids, find babysitters, and more.

The victim became interested in the application opportunity and invested 300,000 THB. After the money was given to the American, no company was registered as promised.

The victim asked the suspect multiple times where his money went. The suspect claimed that the 300k had been used to create an adult video website. However no details were given to what the website address was.

Officials collected evidence and submitted it to court for an arrest warrant. Officials then found out from investigation that the suspect was hiding at a hotel in Bangkok. He is now arrested and waiting for prosecution.

American Arrested in Bangkok for Allegedly Defrauding Investor