A Thai woman who was handed the longest prison sentence ever served less than 1% of it in total. Chamoy Thipyaso set up a savings scheme often used in India, which is known as a chit fund .
The story of four high-profile suspects arrested in connection with a fraudulent investment ring estimated to have made off with at least 1 billion baht reminded us of an earlier hi-so fraud. In the recent case, police detained “Lt Col Dr Amraporn Visetsuk, chairwoman of the Tiao Puea Chart (Travel for the Country) project, and…