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Northeast Thai Monks Entangled in ‘Ban Share Nong Carrot’ Pyramid Scheme: A Billion Baht Deception Uncovered

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In a tale that intertwines spiritual serenity with financial turbulence, the monks of the northeast find themselves unexpectedly embroiled in a baffling labyrinth of deceit. It all begins with whispers of a seemingly innocent promise — a pyramid scheme named “Ban Share Nong Carrot,” which, at first glance, could sound like a quirky name for a community vegetable project. But alas, it was no such thing. Instead, it lured unsuspecting monks into an intricate web spun by con artists with an eye for sanctity — and a heart for swindling.

As the plot thickened, the National Office of Buddhism (NOB) was tasked with unraveling this conundrum that saw the pious plunged into a staggering financial fiasco exceeding a billion baht in damages. At the helm of the unfolding drama, PM’s Office Minister Chousak Sirinil voiced the initial shock and urgency, insisting that the NOB plunge into the depths to uncover the truth behind the sly deception.

Minister Chousak, maintaining an air of composed determination, withheld receiving any detailed accounts of the scheme, adamantly committed to the notion that the NOB must first conduct a thorough probe into this unfortunate affair. Curious eyes, both spiritual and secular, watched eagerly as the Minister confirmed that the responsibility for monastic discipline remained within the clergy’s holy hands. However, anything bordering on legal transgression would firmly rest on the shoulders of law enforcement.

The audacious scandal was thrust into public consciousness via social media, propelled by a report from the then-controversially renowned “E-Sor Khayee Khao” Facebook page. Words on the vine described the Ban Share Nong Carrot scheme as a puzzle, peculiar in name but lethal in its execution. A siren song to both monks and layfolk alike, it seduced attendees into motivational gatherings under the guise of trading enlightenment.

The saga was starkly familiar for one victim hailing from Sukhothai, who reminisced about a colleague recounting wondrous profits from this scheme of schemes. The radiant vision of prosperity was further embellished during training sessions where brokers paraded alluring tales of fortune, cementing trust with photo bravado showing fictitious gains. Attendees were given practice trades with sham currency, seeding grand illusions.

By November 2022, our unfortunate victim found themselves amidst the fray in a bustling seminar in the Rangsit district, jostling amongst over a thousand hopeful individuals. The orchestrated curriculum promised enlightenment for those impatient souls lacking the finesse of trading prowess. Seduction came easily, though truth, like the wind, was elusive.

Alas, December arrived like an unwelcome visitor. Facing grim diagnoses — both medical and financial — our victim, in a daring and desperate gambit, parted with their last tangible anchor: their land. An investment of 316,000 baht promised a steady stream of wealth between 10,000 and 20,000 baht a month — a siren’s song that promised solace for both health and pocket.

However, like a cruel twist in a playwright’s script, by March, the alluring narrative was shattered. They were met with claims of operational losses while the shadows behind the scheme demanded more from its ensnared members. Despite time ticking into June 2023, with many victims filing desperate pleas with the Department of Special Investigation (DSI), responses remained silent like whispers lost in a monastic chant.

In this narrative of deception, what remains is a cautionary tale woven with intrigue, spiritual resolve, and the urgent pursuit of justice. As the NOB investigates further, the hopes for recovery stand firm, with a nation’s eyes watching, waiting for a resolution that reconciles trust and faith with the stark realities of earthly flesh.

29 Comments

  1. grower134 October 21, 2024

    It’s shocking that monks, exemplars of spirituality, could be caught up in something as deceitful as a pyramid scheme. Seems like no one’s immune to greed these days.

    • Sally Mae October 21, 2024

      I don’t think it’s just about greed. It could also be desperation or even just naivety. Monks are still human, after all.

      • grower134 October 21, 2024

        You might be right, Sally. It’s easy to take advantage of people who trust too easily.

    • Jake B. October 21, 2024

      True, but aren’t monks supposed to be wise and above these worldly desires? Seems a bit hypocritical to me.

    • Rose October 21, 2024

      Even monks need food and shelter. The real issue is the lack of oversight and how these scams find victims in unlikely places.

  2. Larry D October 21, 2024

    Why does this always happen in religious communities? Maybe because they are always looking for people to follow blindly.

    • Maya_C October 21, 2024

      That’s not entirely fair. Not all religious people are gullible or blind followers. Trust is a central tenet in many beliefs, but that doesn’t mean it’s an invitation for deceit.

  3. Nicole October 21, 2024

    I can’t believe there hasn’t been a bigger crackdown on these scams. What good is the NOB if they can’t protect their own clergy from fraud?

    • Samuel T October 21, 2024

      It’s government bureaucracy at its finest. They spend too much time investigating and not enough time preventing.

  4. Aditi October 21, 2024

    Could this happen only because the monks wanted more money? Maybe it’s a sign they were living beyond their means?

    • gregno63 October 21, 2024

      Exactly. If you’re living the ascetic life, there’s no need to get involved in these slippery business dealings.

    • grower134 October 21, 2024

      Or maybe it’s just a reflection of modern pressures impacting traditional lifestyles. A sad consequence of globalization, perhaps?

  5. Carlos L October 21, 2024

    Shouldn’t the NOB have flagged this sooner? Feels like their inaction allowed the situation to escalate unnecessarily.

  6. Chloe October 21, 2024

    What about the victims? They’re probably left with nothing, which is tragic. There should be some compensation from the government.

  7. Alice B October 21, 2024

    The government shouldn’t bear the brunt of every fraud committed. People need to take responsibility for getting involved in schemes that are too good to be true.

  8. grower134 October 21, 2024

    While it’s crucial to hold responsible parties accountable, education is the key to prevention. Awareness campaigns might help in this case, especially in isolated communities.

  9. Joe October 21, 2024

    This ‘Ban Share Nong Carrot’ scheme sounds so blatantly obvious as a scam. How did they even fall for it?

    • Larry Davis October 21, 2024

      When you’re desperate or lack financial literacy, even the absurd can seem plausible. The real predators are those who exploited this vulnerability.

    • Erin October 21, 2024

      Exactly Larry, and it’s not just about ignorance. Sometimes even well-educated people fall for these schemes because they’re masked with legitimacy.

  10. grower134 October 21, 2024

    Honestly, social media is a double-edged sword here. It can spread scams quickly but also raise awareness.

  11. Markster October 21, 2024

    This situation is such a tangled mess. The monks are the face of the scam, but the real culprits might just slip away under the radar.

    • Jessica October 21, 2024

      Exactly! It feels like the focus is on the monks when law enforcement should focus on tracking down the masterminds.

    • grower134 October 21, 2024

      Agreed. Going after the scam’s architects should be the primary goal for the NOB and law enforcement.

  12. Margaret October 21, 2024

    Shouldn’t there be stricter regulations on financial schemes introduced to religious communities?

  13. Steve October 21, 2024

    I’m curious how PM’s Office Minister Chousak Sirinil plans to handle this. His statement seems vague.

    • Olivia R October 21, 2024

      Politicians tend to speak in broad terms to avoid accountability. We need clear actions, not just words.

  14. gregno63 October 21, 2024

    It’s sad that things have come to this. Fraud and religion should never mix, but here we are again.

  15. Timothy October 21, 2024

    Honestly, this is why I don’t trust half the stuff I read online. It’s too easy to fool people these days.

  16. Rose October 21, 2024

    It’s really up to us to question things more critically and not just accept everything at face value. If we don’t, scams like these will keep happening.

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