Abstract
Investment fraud is not a new type of crime, but the number of victims has increased during the Internet of Things era. This crime is recognized both nationally and internationally as a significant financial threat. Thailand too has grappled with this form of crime. This research investigates whether the mass media, which should cover news about online investment scams, effectively informs and warns the Thai public about these crimes. Specifically, this study examines the frequency of news coverage on investment fraud. The methodology involves web crawling the top 5 most accessed news agency websites to extract all reports about investment fraud. The findings indicate that the 'Khaosod' news agency was at the forefront of reporting on investment crime, while 'Matichon' reported the least. Thairat news agencies often covered such crimes from midnight to early morning, whereas other agencies primarily reported during the day. There was no clear correlation between the frequency of news reports on investment fraud and the monthly number of reported victims. Notably, while the highest number of cases were reported to the Thai police in February 2023, the most news articles were published in January 2023. In conclusion, there may be a negative correlation between the volume of news reports on investment fraud and the actual number of victims.
Author Information
Thapthep Paprach, Silpakorn University, Thailand
Benya Lertsuwan, Payap University, Thailand
Paper Information
Conference: IICAH2024
Stream: Media
This paper is part of the IICAH2024 Conference Proceedings (View)
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To cite this article:
Paprach T., & Lertsuwan B. (2024) The Value of Online News: Addressing the Problem of Online Investment Fraud Crimes in Thailand ISSN: 2432-4604 – The IAFOR International Conference on Arts & Humanities – Hawaii 2024 Official Conference Proceedings https://doi.org/10.22492/issn.2432-4604.2024.16
To link to this article: https://doi.org/10.22492/issn.2432-4604.2024.16
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