Authorities in Thailand have arrested serial scammer John Barksdale.
Barksdale is primarily often called the proprietor of the collapsed Ormeus World Ponzi scheme.
Barksdale was arrested in Bo Put, Samui District, on a Bangkok warrant again on July eighth.
Thai authorities nonetheless solely introduced his arrest yesterday.
Barksdale’s arrest was a joint operation between the Lumpini and Bo Phut Police Stations, in addition to Thai Immigration Division.
Particulars of Barksdale’s case are sketchy, aside from it pertains to his operation of Ormeus World.
Thai Visa, citing an area Sanook information report, states Barksdale (proper) has admitted fraud.
Ormeus World launched in 2017. Traders have been promised 160% returns, paid with subsequently invested funds.
The scheme started to disintegrate in early 2018, prompting Barksdale to companion up with Holton Buggs and launch IQ Chain.
By IQ Chain, Barksdale continued defrauding traders by means of Ormeus Coin, Orme Money and GreenX.
Following the collapse of of IQ Chain, Barksdale rebooted Ormeus World for a 3rd time as IQ Legacy in December 2018.
In April 2019 Barksdale offered off what was left of IQ Legacy and IQ Chain to serial scammer Antony Norman.
Bo Put is in Surat Thani, on a small island off Thailand’s coast.
Apparently after promoting off Ormeus World Barksdale went was hiding out in a home there, till authorities picked him up in July.
Barksdale is a US citizen who has been scamming individuals out of Thailand for a while.
Whether or not the US has any curiosity in Barksdale’s arrest is unclear.
Additionally unclear is whether or not Barksdale is in custody or out on bail. Both Barksdale or somebody he is aware of continues to replace his Fb profile.
There’s a risk these are scheduled posts, given they’re simply motivational cliches that includes present photographs of Barksdale.
Barksdale’s final Oremus World spam publish on his Fb account is dated July seventh, the day earlier than his arrest.
Pending additional particulars surrounding Barksdale’s case, keep tuned…
Replace eighth August 2019 – It seems Barksdale used among the cash he stole to entrance a luxurious resort enterprise.
There’s additionally a little bit of confusion as to when Barksdale was arrested.
A Bangkok Submit article said Barksdale was arrested on Tuesday, sixth August. The July eighth date is cited because the date the Bangkok arrest warrant was issued.
Bangkok Submit has since disabled entry to their article although and I’m undecided why (on the time of publication it the article was nonetheless exhibiting up within the newspaper’s inside web site search).
A duplicate of the Bangkok Posts’ unique article might be learn over at Bangkok Jack.
As per the article, Barksdale
operated a luxurious resort home enterprise on a mountainside at Soi Rong Rian Panya Dee on Koh Samui.
Different fascinating tidbits embody:
Pol Col Suparek stated the American was a suspect in an abroad fraud, with alleged harm equal to 10 million baht.
The suspect was being taken to Lumpini police station in Bangkok for authorized motion.
Hopefully some clear info comes out over the following few days.
Replace ninth August 2019 – A report from the Every day Mail has clarified Barksdale’s warrant was issued on July eighth. He was arrested at his luxurious villa residence on Tuesday, August sixth.