The Thailand Securities and Exchange Commission has coordinated with Google to block and remove investment scam applications that impersonate licensed securities companies or brokers, aiming to cut off access channels and reduce public harm. The regulator has also initiated an investigation, published the names of the apps through its Investor Alert system, and issued public warnings. The SEC said investment scams are becoming more sophisticated, often using social media, online advertising or direct messages and taking forms such as directing victims to transfer funds to specified accounts or to download apps and use websites. It framed the measures under its “3Cs” approach of consultation, communication and collaboration, and stated that coordinated blocking actions can be completed within 7 minutes to 48 hours. Investors were urged to verify whether a solicitor is licensed and to treat unusually high promised returns or pressure to transfer money immediately as warning signs.
Thailand Securities & Exchange Commission 2026-02-27
Thailand Securities and Exchange Commission coordinates with Google to block investment scam apps impersonating licensed securities firms
The Thailand Securities and Exchange Commission partnered with Google to block fraudulent investment apps impersonating licensed firms, aiming to mitigate public harm. The SEC launched an investigation, published app names via its Investor Alert system, and issued public warnings. The regulator emphasized its "3Cs" approach—consultation, communication, and collaboration—and advised investors to verify solicitor licenses and be wary of high returns or pressure to transfer funds.