He made millions of baht, but snared thousands in his ponzi scheme - and now Pudit Kittithradilok will serve time in jail.

A convicted Thai fraudster who tricked 2600 victims out of 574 million baht (NZ$24.814million) has been sentenced to 13,275 years in jail by a Thai court.

Thirty-four-year-old Phudit Kittitradilok was given the sentence in a criminal court. It followed trial which saw victims of his pyramid scheme demand justice back in May this year.

According to the Bangkok Post, Phudit and a team of accomplices held a series of seminars between August 1, 2015, and September 1, 2016, to invite potential investors to pour money into businesses purporting to be beauty care, used cars, export, property development and foreign exchange firms.

Investors were offered a 1 per cent weekly return and a share of more money if they attracted further investors.

READ MORE

* Former MSD fraudster claiming bogus benefits

* Husband and wife sentenced on benefit fraud

* Christchurch grandmother guilty of welfare fraud

* Couple lied to get solo parent benefits

The court found that Phudit had committed 2653 counts of fraud and sentenced him to five years for each count, and had another 10 years added on for money-laundering.

But Phudit was given a sentence of half of that because he'd confessed to the crimes, meaning he would face 6637 years and six months in jail.

However, under Thailand's Penal Code, he will only serve 20 years.