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Pattaya Daily News

26 August 2010 :: 13:08:41 pm 36605

Deceitful Fake Gold Transaction Stifled in South Pattaya

Local police detained a Thai woman in South Pattaya Wednesday, after she had attempted to exchange a fake gold necklace at a local jewelers. The lady subsequently professed that she was unaware the necklace was fake, however police have detained her for further question.
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Pattaya, the 25th of August 2010 [Pattaya Daily News]: At approximately 5:00pm on Wednesday, Pattaya Police Radio Center was notified that a woman had been detained at the ‘Phetthong Ratiphan’ jewellers in South Pattaya. The woman had allegedly been attempting to sell a necklace of fake gold to the business, however the scam was detected by the vigilant owner before the transaction was made.

A team of officers arriving at the scene found that the owner of the gold store had detained a suspected scam artist, Miss Prasert Chaipanya [29], who was in possession of a fake 1-baht gold necklace. Allegedly the suspect had presented the fake item to the store in an attempt to pawn it for an amount of Bt10,000. Resultant checks on the authenticity of the necklace revealed immediately that the item was a fake and valued at less than Bt500.

Under interrogation, Miss Chaipanya explained that she had no knowledge of the necklace being fake, stating that she had taken it from her husband to pawn at the jewellers due to various financial troubles in her life and the lack of gainful employment.

Despite the suspect’s statement, both police and the owner of the jewellers are reluctant to believe the woman’s story due to the prevalence of fake gold and resultant scams flooding the streets of Pattaya. The storeowner described the fake as a remarkably good reproduction, stating that the necklaces fastenings were genuinely gold while the rest had been covered with industry quality gold plating.

In addition, the storeowner explained to police that she now vigilantly checks all gold transactions as she was once duped by a similar scam involving a fake 3-baht gold necklace valued at Bt30,000. In that instance the offender managed to make off with the money while the owner discovered later that the necklace was a fake.

Police have now restrained Miss Chaipanya for further question over the necklace, believing that the suspect may be part of a larger fake gold syndicate operation in the area.

Related Links:

Buying Gold? How to Know If It Is the Real Thing

When purchasing gold, it is in your best interest to know if what you are buying is the real thing or not. With the world economics as they are, everyone is out to make a fast buck and what better way especially here in Thailand, than to sell fake gold to all unsuspecting clients who think they are getting a bargain.

Reporter : Kampee   Photo : Kampee   Category : Crime News

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