Internet scammer in slammer in Thailand

AN ALLEGED US Internet scammer has been arrested in a luxury coastal resort in Thailand.

Eugene Carriere, 55, is wanted by the FBI for allegedly scamming internet investors out of millions of dollars.

He was arrested late Thursday at his residence in Pattaya, about a year after he entered Thailand on what's claimed to be a fake passport. According to the FBI, Carriere and James Eberhart operated a telemarketing outfit in California called YES Entertainment, which defrauded website investors out of over 11 million dollars in 1999.

The firm claimed that it was developing an internet website with video channel service and promised returns to over 800 investors in the United States.

Most of the cash was transferred to offshore bank accounts in Hong Kong and Singapore and no one got a cent. The Feds still have not found Eberhart.More here. µ