PUBLISHED : 23 Oct 2024 at 06:06
The Mahachulalongkornrajavidyalaya University’s Khon Kaen campus (MCUKK), a Buddhist public university, is investigating whether one of its student monks was connected to a Ponzi scheme preying on monks in the Northeast.
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PUBLISHED : 23 Oct 2024 at 06:06
The Mahachulalongkornrajavidyalaya University’s Khon Kaen campus (MCUKK), a Buddhist public university, is investigating whether one of its student monks was connected to a Ponzi scheme preying on monks in the Northeast.
It was reported that victims — mostly monks — lost money in the pyramid scheme known as “Ban Share Nong Carrot”.
The company encouraged participants to recruit new members to join the network, which claimed to trade shares of companies. Each member was required to invest an equivalent of at least 300,000 baht.
The scheme, which allegedly ran a meditation retreat programme, is alleged to have deceived monks into investing.
Saktinan Srihabong, director of the MCUKK office, told the…