Athavudhi Hirunburana

Investor Fraud

This guy is masquerading as a Thai businessman. He offered us $7M w/o out performing any due diligence. That was the first red flag. Then he sent a term sheet asking for very little equity..second red flag. Then the term sheet said we need to file as a foreign business in Thailand and pay an attorney he recommends to do it. Well a little research showed we do not need to file in Thailand. And the only reason we would is if we wanted to do business in country. So, third red flag.

Is Athavudhi Hirunburana a scam?
Athavudhi Hirunburana is a scam and a bad service provider as per the report filed on dirtyscam.com. They are not aggressive towards their customer satisfaction and complaint grievance.
Is Athavudhi Hirunburana legit?
First Athavudhi Hirunburana is not a legit business owner or provider. You must take necessary precautions/measures before buying or using their services.
How many reviews are submitted by Athavudhi Hirunburana’s consumers?
There is/are 12 review(s) posted about Athavudhi Hirunburana and it indicates that the severity of the scam is High.
Where is Athavudhi Hirunburana located?
Athavudhi Hirunburana is located at 494 Phloen Chit Rd, Khwaeng Lumphini, Khet Pathum Wan, Krung Thep Maha Nakhon 10330, Thailand. You can contact Athavudhi Hirunburana by dialing N/A or visit their website N/A before filing a lawsuit. We are no way affiliated with better business bureau or yelp reviews platform.
How much monetary loss is incurred by Athavudhi Hirunburana’s customers?
According to the report(s), US N/A was the total loss incurred by Athavudhi Hirunburana’s customers.
The reviews, complaints and scams about Athavudhi Hirunburana are deliberately written by anonymous. We, at Dirty Scam are not liable for the content written about Athavudhi Hirunburana. If you have any issue with Athavudhi Hirunburana incident report, Please contact the author of this complaint directly, as we are not obligated to remove the complaint.

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12 reviews on Athavudhi Hirunburana

  1. Daniel

    fake investors

    Investment scams ! Be careful they are a fake investor

    Athavudhi Hirunburana . very good english and fake profile

  2. Tejas

    We had a similar Experience but caught it early thanks to your post

    We were in touch with an individual who called himself Santi Bhirombhakdi who we found out is a reputed business man in Thailand. We had a telephonic conversation regarding his interest in investing in our company.

    He mentioned his phone number is his last email and we looked it up in “Truecaller”. Turns this phone number is saved by others with the name of “Athavudhi Hirunburana”.

    We then looked up the domain from which we received his emails. The domain he was sending us emails was “santiburigroup.com” and “santiburi-group.com”. We found out that these domains were very recently created and were completely different from the original company domain which is “santiburi.com”.

    Its sad to see small genuine enterprises being scammed like this.

    Please keep a look out for such people and make sure to share your experience online as it will make the detection of such scamming individuals easier.

    1. AP

      Santiburi Group And Samuel Golan scammer!

      I have just come across the reviews above and so glad I did.
      I also received an email from ‘Santi Birombhakdi from Thailand claiming to want to invest in my business. This is actually the second time this has happened to me I’m embarrassed to say and will be the last. In my defence though, these criminals are SO professional in their emails. (The other scammer I will mention goes under the name of Samuel Golan- and claims to be in the diamond business and also property.)
      Red flags started to show when ‘santi’ sent me a very strange looking document which were his proposed terms of the investment. It had the total funds his company had available at the top which I found strange and don’t think any serous investor would divulge. And the only thing he seemed worried about was the repayment on the financing debt arrangement he had proposed.
      Stay away from these people! They pray on hardworking startups they know are desperate for money and it’s disgusting.
      Basically avoid replying to anyone that cold calls you over email- it’s hard as they are so professional in their approach and know how to capture your interest enough to spark further conversation. But serious investors don’t do that. I’ve found being listed on Angel investment network has left me open to scammers like this who can go on and get your details easily. They need to have stricter rules in place for this- make it a closed group so only serious investors can apply. Both these scammers told me they’d found me on the site when looking for investments and both were debt financing agreements, not traditional equity.
      Avoid at all costs!

  3. Hickey

    santiburigroup.com and santiburi-group.com are fake domains

    If someone writes you from e-mail addresses such as [email protected] or [email protected] it will not be Mr. Santi Bhirombhakdi.

    This is a smoothly done scam, as the fake domains redirect their websites to santiburi.com which is the genuine Santiburi Group site and the communication of the fake Mr. Bhirombhakdi is quite believable… the impersonator has dived well into the role.

    However if anyone offers you a substantial investment without actually requiring to meet you in person or, possibly, digitally signing proper contracts beforehand you can be quite sure it is scam. So never go for it.

  4. Federico

    Fake Athavudhi Hirunburana

    this is one of the 30 emails I exchange with this fake man.
    Exist one true in the world but of course this one was fake.
    I’m so sad we had a couple of months sending him all our projects and datas and dreaming we got an investor. that’s so sad.
    Please take care.

    I was asked to contact you in reference to your post on ANGELINVESTMENTNETWORK.USby an investment broker/agent. I am a private investor who is interested in investing in viable projects like real estate, renewable energy, solar, manufacturing, construction and start up businesses to help build a global financial stronghold.

    My mission is to sustain long-term prosperity of companies by prudently growing my capital through a disciplined investment process and committed people who reflect worthy business ethical values. I do not actively seek to manage the public companies in which i invest in, rather i wish to re-invest my fund by putting it into the management of private businessmen and corporations with good business ideas that can generate at-least 5% or more ROI per annum.

    Send me your proposal and we can set up a day and time to discuss on skype.

    Regards,

    Mr. Athavudhi Hirunburana
    Ph: +66983575739
    Skype: [email protected]
    Email: [email protected]

  5. Johny

    [email protected]

    Thanks for your post! we have received similar offer from someone masquerading as Santi Bhirombhakdi, who is interested to invest in our startup. His condition as below:-

    Conditions:
    This is a debt finance arrangement. Communication and negotiation shall be directly with the Entrepreneur/ project owner Funds transfer shall be through bank transfer to the designated bank account of the borrower’s company. The entrepreneur shall agree to provide the Investor’s bank, a Thai foreign business project registration certificate for authorization in accordance with the provisions of Thai foreign business and finance regulatory laws, we can refer you to legal compliance & finance officer to assist your company in procuring the project registration documents/notary statement as stipulated by Thai law and any charges incurred in the business project registration and notarization process will be the responsibility of the Entrepreneur, in adherence to Thai Foreign business and Investment/Finance and governing laws.The project registration will stand in the form of insurance to protect against credit-related losses in
    the investment portfolio as required by Thai outbound investment regulatory law, bearing the original data and basic information of who you are, where you are located, what business modalities you have in stake for a guaranteed returns value for the recovery of our investment principal as and
    when due, and what the investment reads in agreements of funds disbursement into the borrower’s corporate bank account. The business project registration and notarization processes should be completed before the transfer of the investment funds to the business account of the borrower.
    Signed: SANTI BHIROMBHAKDI

  6. RC

    Santi Santiburi

    Anything from [email protected] is a scam. We were approached recently. The scammers are quite sophisticated with professionally written emails.

  7. Hello

    Definitely a scam!

    The number is being used by someone called Apirak Thaipatanagul, CEO & Director of Thai Life Insurance Public Co., Ltd. At first, he sent me an email to propose an investment under the form of a loan with 5-years maturation. The first red flag happened when he proposed me a loan that was 5x than what I actually needed. Then he asked me to wait for a call from his attorney, I received a call from this number +66983575739. According to my research, this number is widely used under different names for investment scams and target startup founders. Be careful! Other names can be found such as: Santi Bhirombhakdi from Santiburi Group ([email protected]), Athavudhi Hirunburana (with his email [email protected], Skype [email protected]), Vanish Chaiyawan, Chairman, ThaiLife Insurance Public Co., Ltd.

  8. CEO and founder of MEDI-HR

    Your2020Vision Ltd

    I have been subjected to this scam.
    I was contacted and advised they have seen my pitch on Angel Investors.
    We have conversed and emailed for a couple of months, going through all levels of due diligence, such as NDA, and through Thai financial regulatory checks.
    I have my Tech team in stand by ready for the build, I have a university department ready to work with me for research, all based on this investment and I have a suspicion this investment is not going to happen, and was due the end of October!
    It is utterly appalling and disgusting that people target through a professional platform SMEs and try to scam their business out of money.
    I would recommend being very careful. We have checked the address that was given to me as a home address and it’s a very nice luxury apartment in Bangkok, so all gives the impression that it is ligitimate. I have requested lots of details recently citing that I require this to ensure that my company is adhering to UK law and not involved in money laundering or fraud etc, and it’s gone quiet. Yet when they require money for payment of legal matters they call (twice I’ve tried to organise zoom meetings) face to face and they avoid that. I’ve had several calls from “Santi” from Dubai opening new hotels, to calling from hing kong because he is ill and requiring treatment for cancer!!!
    Be very careful and diligent.

    1. leonardo cutone

      he did this to me too!

      This guy emailed me, we exchanged NDA’s and then had a very professional conversation. He started asking me for financial doc’s and some other info all investors want but he raised a red flag during our conversation.

      My wife is from Thailand…where he claims to be from. When I mentioned where she lived and grew up he sheepishly avoided the subject because he is not from Thailand!. Further googling his name Santi B…. turns up one of the most richest men in Thailand…such a professional scam artist!

      With the information he wanted from us, my passport etc., he could have opened up a business in thaliand and fucked us all up….asshole!

  9. Grace

    Fake investors

    Be careful! He is a scramer!
    We were in touch with an individual who called himself Santi Bhirombhakdi too, use email [email protected].

    Wrote me a long email as:
    Thanks for responding. I wish to hear more about the what you are offering if you will share more information about the investment opportunity needs and about security for the sum. So I can understand clearly what you are proposing or offering to investors, a project executive summary or business plan would be particularly helpful. If you so choose you may send your standard NDA as well for signing so we may be free to share information both ways. Let us go through the pitch deck first to be well informed before scheduling a conference call if further interested.

    Although I am based in Bangkok-Thailand I was browsing the internet where I saw your post it got my interest and here we are. My business reputation I believe is public knowledge in Thailand and regions, I also have some major investments in Europe and UK. Even though my major interests lie in real estate/hospitality, energy, manufacturing, fashion retail, beverages and construction, myself have been in support of a good number of startup and tech companies over the years contributing finance, deep industry experience and contacts. This is the reason I have set up the Santiburi Group Holdings as holding company to manage these investments, while I also head our family owned group of companies Singha Corp.

    I am interested to explore how to participate but would need as much information as possible to inform me on the workings of the industry. Please share more information I am open to discussions to see if we can work something out.“

  10. Grace

    he is scamer, fake investors

    He used email address:[email protected] This is email he wrote:

    Thanks for responding. I wish to hear more about the what you are offering if you will share more information about the investment opportunity needs and about security for the sum. So I can understand clearly what you are proposing or offering to investors, a project executive summary or business plan would be particularly helpful. If you so choose you may send your standard NDA as well for signing so we may be free to share information both ways. Let us go through the pitch deck first to be well informed before scheduling a conference call if further interested.

    Although I am based in Bangkok-Thailand I was browsing the internet where I saw your post it got my interest and here we are. My business reputation I believe is public knowledge in Thailand and regions, I also have some major investments in Europe and UK. Even though my major interests lie in real estate/hospitality, energy, manufacturing, fashion retail, beverages and construction, myself have been in support of a good number of startup and tech companies over the years contributing finance, deep industry experience and contacts. This is the reason I have set up the Santiburi Group Holdings as holding company to manage these investments, while I also head our family owned group of companies Singha Corp.

    I am interested to explore how to participate but would need as much information as possible to inform me on the workings of the industry. Please share more information I am open to discussions to see if we can work something out.

    Regards,


    Santi Bhirombhakdi,
    Santiburi Group

  11. Scott

    [email protected] Santi Bhirombhakdi, Santiburi Group

    Big RED FLAG. He was willing to lend money with Skype, zoom or face to face meeting. Time waster. For all you young start up entrepreneurs out there, don’t get tricked. this guy is beliveable but could steal your id with the info he wants.

    Dear Scott,

    It was a most interesting and pleasant conversation with you when we spoke earlier, sharing experiences and business outlook. Following our conversation the other day, rest assured we are highly interest in this partnership and my team are on track with the evaluation. I see a good linkage with your experience of the market and my experience & contacts in the business world as well, so I see a huge opportunity in this where our different goals can align to push this venture to become a huge success beyond expectations.

    And I am glad to receive your confirmation to agree to my investment model and procedure with the general terms sheet I sent to you. As discussed my investment advisory consultants will prepare an official offer letter with T&C to be presented to you when they complete evaluation. We are also considering a partnered marketing campaign with us using your platform and you also using our own platforms for brand exposure and advert, a win-win arrangement. This as we see is a high risk investment with not really much to offer in assets and security, hence we are proposing it will be heavily insured and covered under Thai foreign finance principles. Like I told you earlier we will lock down a fixed interest and I wish to also hold right of first refusal on any next round fundraising or sell of shares should the venture require additional funding or investors in the future.

    Anyway I wish to explain in more details my investment model and requirements expected.

    As a businessman myself I have a duty to protect my own funds investment as well. We proposed a model in such a way that is fluid, a hybrid between equity investment and debt finance but reducing the risks by pegging the repayments with a fixed interest rate. The project owners will still own the business and bulk share of the profits while my earnings will be limited to the fixed sum to be paid after the grace period that will allow for the stability of the business before making withdrawals, and also holding equity as security a few benefits here and there as well. Again like I said earlier I do not enjoy owning a large chunk of the business given my experience that most times it often reduces the productivity of the project owners (apologies for earlier using project promoters) leaving you with a low performing business below expected turnover.

    I do full disclosure, Thai honorable standard practice to always be transparent to let you know what to expect, no surprises and hope you do me the same honor. The steps to be involved in the funding procedure are evaluation, approval and disbursements. The evaluation is the review of your project information with my investment advisory consultants before I can present you with an offer on my decision. However there is no sufficient information shared on the company’s full scenario as presently constituted nor capacity to manage the funds. And for this I will need to see more of the financials and revenue information on present outlook as well as your assets and especially liabilities estimates and financial statement. Please also update me again on the current debt profile and if you have any. Let me see copies of your present company incorporation or operating license and other necessary certifications.

    The approvals involves the necessary paperwork and the Thai foreign business project registration procedure I mentioned in my terms sheet, we shall provide strong references to ensure you are guided properly through the process. And after that will be the bank transfers of the investment funds, which is the disbursements. I cannot at this time ascertain how long the entire process will take as it will depend on the availability of the consultants that make up my investment advisory team and myself I travel a lot as well trying to manage my business responsibilities but I am looking at a timeline of about 14-21days to close. Transfers of the investment funds shall be through bank to bank transfers involving no 3rd party.

    Hence I expect to receive the following documents from you as soon as possible.
    -Full Name of Proposed Business Project
    -Name of Principle Project Company
    -Address of Principle Project Company
    -Full Names of Project Principals or Signatories
    -A copy of the brand trade or commercial registration papers
    -A copy of photo ID card
    -Proof of address i.e A copy of your housing registration record or utility bills receipt
    – If any is required – Copy of the practice certificate of the general partners required in the industry as well as other professional certification if any is required in the industry.

    These in addition to the information you have provided in your proposal are important to help us with our decision. We will run our verification and assessments and if everything checks out I will present you with an offer on my decision to consolidate an investment funding partnership then we can proceed to signing MOU/agreement to initiate our partnership and execute the other aspects of our negotiations – branding and marketing as well through my business networks.

    While I will expect your comments to continue our discussions, meanwhile you should be patient with us allow us some time to conclude our evaluation and I will return to you with our decision. Please do not hesitate to contact me if you need any further clarification, through email or phone in conference 00-66-2026-9013. Thanks

    Regards,


    Santi Bhirombhakdi,
    Santiburi Group

  12. Scott

    [email protected]

    Thank you so much Dirty Scam website and reviewers. I was getting excited after several months of seeking funds for a start up I finally received some interest. I was slowly getting lured in and was about to send director passports to him until I decided to do one last google check and found these reviews. I could have been the victim of identify fraud. Never provide information to anyone who does not want to do a Skype, zoom or meet in person. I asked and he said he was 74yo and likes to do business the old fashion way by way of telephone calls. Thanks a million reviewers. A tremendous amount of time has been saved.

Reviews:12
Reported Loss :0 $
Severity of Scam :High
Reported by : Anonymous
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