A Thai scammer was arrested and charged with theft after successfully completing a sophisticated plan that saw the creation of a fake jewellery store to attract an Indian businessman so as to steal a precious diamond from him.

Pipatpongpat Suksawatpipat, the man arrested for the ingenious theft, was a wealthy jewellery dealer a few years ago, but fell into poverty when he became addicted to gambling by squandering all his possessions. The man went from being one of the richest people in Chanthaburi, the city where he lived, to having just 40,000 baht (just over 1000 Euro) as a total asset. In an attempt to rebuild himself, he tried to make that small sum pay off: in just a week, he managed to rent a commercial space and turn it into a fake jewellery store, to attract an Indian jeweler with a 10 million baht diamond, and in the end steal that diamond and escape.


According to police sources, Pipatpongpat had carefully planned scheme. The man had previously met the jewellery dealer Jain Vaiphav at a jewellery fair, and on that occasion the two exchanged telephone numbers. When the swindler learned that Vaiphav had sold a 10 million baht diamond (over 280,000 Euro), he began to design a plan to take over.

After making all the preparations, Pipatpongpat Suksawatpipat called the Indian jewellery salesman, telling him that he wanted to buy the precious diamond and invited him to his jewellery store to be examined in person. Vaiphav, who did not know about the man’s financial problems, accepted the invitation. When the representative arrived, Pipatpongpat asked to see the diamond: after an initial inspection, he told Vaiphav that he should also see it in natural light, before making a final purchase decision. As soon as he left the shop, the man closed the glass door he had previously modified to imprison the Indian businessman. A driver paid by the swindler was waiting, and the man escaped.

The escapade, however, did not last long, due to the tight manhunt carried out by the police. Pipatpongpat Suksawatp was arrested a few days later. But no trace of the diamond: apparently the man had already sold it to a Vietnamese known in a casino, for just 500,000 baht (about 400 Euro), a figure 20 times lower than its market value.