Thailand’s economy has suffered a staggering 60 billion baht loss in 2024 due to widespread online fraud, with millions of citizens falling victim to sophisticated telephone and SMS scams. The Royal Thai Police (RTP) reported well over 400,000 online fraud cases in the first quarter of 2024, accounting for losses upwards of contributing to a staggering $1.89 billion loss. Similarly, a 2025 Global Anti-Scam Alliance (GASA) report found that 72 percent of Thai adults surveyed had encountered scam attempts, with 60 percent scammed in the past 12 months and 14 percent losing at an average of $408 per person.
Mark Cogan
Mark S. Cogan is an Associate Professor of Peace and Conflict Studies at Kansai Gaidai University in Osaka Prefecture, Japan.Categories
About Mark
Mark S. Cogan is a Associate Professor at Kansai Gaidai University based in Osaka Prefecture, Japan. He is a former communications specialist with the United Nations in Southeast Asia, Sub-Saharan Africa, and the Middle East.