PUBLISHED : 25 Jul 2023 at 09: 27 The Stock Exchange of Thailand (SET) hasactually formed an alliance with organization organisations and associated federalgovernment companies to takeon financialinvestment frauds by incorporating their operating systems to establish a procedure to stop deceitful financialinvestment cases faster and with higher effectiveness. SET president Pakorn Peetathawatchai stated financialinvestment frauds are widespread on social media. Fraudsters generally impersonate popular organisations, executives and stars to gain reliability, then lure the victims to invest, as a outcome triggering damage not just to those victims however likewise the economy and society. The SET, in partnership with entities in the capital market sector, hasactually started a task intended at “collaboration in the battle versus financialinvestment scams”. The alliance consists of the Securities and Exchange Commission (SEC), the Federation of Thai Capital Market Organizations (Fetco), the Thai Bankers’ Association (TBA), the Thai Listed Companies Association (TLCA), the MAI-listed Company Association (maiA), the Association of Thai Securities Companies (Asco), the Association of Investment Management Companies (AIMC),
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