Guest Posted July 23, 2001 Report Share Posted July 23, 2001 Telesales, read boiler room. There are literally thousands of these guys working in Bangkok right now, at a number of companies. They are illegal, though the risk is rarely jail, but rather that the friday you are to get paid, in cash you enter the office and it is gone. Either that or deportment. The money however is very real if you are any good. US dollars, cash in hand every week. Sky is the limit and all that. The hours are are a tad insane, mirroring OZ business hours so 6 oclok starts are the norm, conversely, most are done by 2 or three in the afternoon. but shhh. it supposed to be a secret. bkk_nsr Link to comment Share on other sites More sharing options...
CarlBkk Posted July 24, 2001 Report Share Posted July 24, 2001 A friend of mine left his teaching job to do this actually - he makes an absolute packet from it (comparitively). He's in a team of 6 managed by a farang. Link to comment Share on other sites More sharing options...
Stickman Posted July 24, 2001 Report Share Posted July 24, 2001 A friend sent me an excellent article via post from the July 19 edition of the Australian Financial Review and if any of you Aussies (or Kiwis) have a copy of this publication floating around, it would be well worth turning to page 9 to check it out. The article is about these "financial consultants" in Bangkok who sell bogus shares in companies and rip off hard working Antipodeans. I note the publication has a website at www.afr.com so there is a chance the article may be online - well worth looking up. Stick Link to comment Share on other sites More sharing options...
Guest Posted July 24, 2001 Report Share Posted July 24, 2001 quote: Antipodeans Is it just me who hates this word? It sounds like something that carries a big shell around with it and tastes rather nice when fried with garlic. Link to comment Share on other sites More sharing options...
Sukhumvit Posted July 24, 2001 Report Share Posted July 24, 2001 quote: Originally posted by Bangkok Phil: [QB]It sounds like something that carries a big shell QB] There's probably a restaurant somewhere in SE Asia right now with Antipodeans on the menu. I remember a sea food restaurant in Nha Trang, Vietnam, which had Holothurians on the menu. Something to do with squid I think. Anyway, don't want to divert the thread so nuff said. Link to comment Share on other sites More sharing options...
losbandit69 Posted July 27, 2001 Report Share Posted July 27, 2001 Well i reakon that jobs gone tits up: Too bad I might have applied. From Sky news today Thirty Britons have reportedly been arrested in Thailand in a sting on one of the world's largest underground stock dealing scams.  Thai police detained more than 80 people, accused of cheating investors of more than £100m. They were understood to be Thais, Britons, Irish, Australian and American citizens. The Britons, some as young as 19-years-old, were led out of a Bangkok skyscraper under the gaze of officers from the FBI and Australian Federal Police. British Embassy staff were also on hand to take details of the detainees. 'Near perfect crime' From a 24th floor office the operation, which worked under the name the 'Brinton Group' as well as dozens of other company names, allegedly took part in a bogus share selling racket with victims, some bankrupted, all over the world.  "It was the near perfect crime," said a British diplomatic source, "because the victims are in far flung corners of the globe it is difficult to bring charges, and the Thai legal system does not have the full legislation to deal with these sort of operations." The ringleaders of the alleged scam, thought to be Irish and American, are thought to have escaped arrest. Many of the Britons were allegedly recruited by newspaper ads in the United Kingdom, attended interviews in Britain and had no knowledge whatsoever of the financial world, claimed a British diplomatic source. 'They were good deals' "As far as I am concerned we were selling good deals. I want to know what's going on myself," said one as he was led away. The maximum penalty for fraud in Thailand is seven years in prison. The members of the group would apparently cold-call people all over the world with share offers. Diplomats were stunned at how many people took up the offer. An Australian official said they were getting two or three complaints a week from investors unable to trace their money. "It was a massive operation with these 80-odd people calling numbers all around the world and offering customers unbeatable deals on shares," he said. "One person lost over US$300,000 on shares that never ever appeared." Link to comment Share on other sites More sharing options...
Fatbastard Posted July 27, 2001 Report Share Posted July 27, 2001 It just had to happen !! The "word" has been around for 3 weeks that they were going to bust this scam, the only ones that didn't know were the poor jerks working the phones, all their bosses scampered last week. Link to comment Share on other sites More sharing options...
khunsanuk Posted July 27, 2001 Report Share Posted July 27, 2001 Hi, Just spoke to someone that does a similar job, he mentioned that the reason is that they got busted that the son of the owner had a 'run-in' with Taksin's son. True or not, I don't know. My friend is not too comfortable at the moment. Sanuk! Link to comment Share on other sites More sharing options...
awayguy Posted July 27, 2001 Report Share Posted July 27, 2001 The Nation (online) has got the AFR article Stickman mentioned. An interesting read. http://www.nationmultimedia.com/page.news.php3?clid=2&theme=A&usrsess=1&id=252 Link to comment Share on other sites More sharing options...
Yehtmae Posted July 28, 2001 Report Share Posted July 28, 2001 Good I hope they get what they deserve and the Thais throw the book at them. However, I can forsee all the foreign articles already about terrible prison conditions, etc. Link to comment Share on other sites More sharing options...
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