A 22-year-old Finnish man called Aarni Otava Saarimaa lost a total of 5,564.4 bitcoins (worth roughly 24 million dollars at the time) to scammers in Thailand. According to Bangkok Post, several a group approached and solicited Finnish businessman Aarni Otava Saarimaa in June 2017 over investment in several Thai stocks, a casino in Macau and a new cryptocurrency called Dragon Coin.

The group of fraudsters had at one point brought Saarimaa to a Macao casino in order to convince him the Dragon Coins would be used there. Saarimaa, who bought into the scheme, transferred a total of 5,564 bitcoins to the group, the report indicted.

Having seen no returns months after the investment, Saarimaa filed a complaint to Thailand’s Crime Suppression Division (CSD) in January, together with his local business partner who believed the investment plan was a scam. Although it is unclear when the group sold the bitcoin assets, the CSD said the fraudsters made off with nearly 800 million baht, or around $24 million.

The group of fraudsters, which the police believe numbers nine people, allegedly includes Thai actor Jiratpisit ‘Boom’ Jaravijit, who was arrested in July, and two of his siblings, one of which has left the country and probably hiding in the USA. The siblings face money laundering charges and, potentially, fraud charges.

It’s worth noting that according to the US Federal Trade Commission (FRC), investors are going to lose $3 billion due to scammers by the end of the year.