An American citizen was arrested on Friday on charges of illegally luring investors to put money into derivatives and securities futures contracts that resulted in losses of more than 3 million baht, police said.
Economic Crime Suppression Division (ECD) police officers apprehended Matthew Christensen, 37, at a hotel in the Nana area of Klong Toey district in Bangkok. He was wanted on a warrant issued by the South Bangkok Criminal Court on Nov 9 last year. The alleged offences took place more than eight years ago and the statute of limitations in the case was set to expire next month.
