Thailand Securities & Exchange Commission reported that suspicious-activity reports and information requests received through its Investment Scam Hotline in September totalled 1,500, nearly double the number in August, and urged the public to stay cautious and verify investment information before acting. Most contacts were requests for information support, alongside reports linked to investment scams. The SEC pointed to social-media-driven scams spanning stocks, mutual funds and digital assets such as cryptocurrency, and warned about impersonations of the SEC, the Stock Exchange of Thailand and listed companies, as well as solicitations to invest via purported over-the-counter trading platforms. It also coordinated with social media platform providers to block accounts suspected of publishing fraudulent investment content and directed investors to use SEC resources, including registers of licensed service providers and the SEC Check First application, to validate claims and report suspicious solicitations.
Thailand Securities & Exchange Commission 2025-10-31
Thailand Securities & Exchange Commission warns of escalating investment scams after Hotline reports jump to 1,500 in September
Thailand's SEC reported a rise in suspicious-activity reports via its Investment Scam Hotline in September, urging public caution. The SEC highlighted social-media-driven scams involving stocks, mutual funds, and digital assets, warning against impersonations of financial entities. It coordinated with social media platforms to block fraudulent accounts and advised investors to use SEC resources for validation and reporting.