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Because he needed money, Mr. H. borrowed 300 million from suspect Cuong. When lending, Cuong prepared a receipt stating that Mr. H. received the money to get Cuong a job, then asked him to sign it.
At noon on September 1, My Hao Town Police (Hung Yen Province) announced that they had initiated a case, prosecuted the accused, and issued an arrest warrant to temporarily detain Dao Duy Cuong (born in 1990, in Nhan Hoa Ward, My Hao Town) for the crime of Extortion.
Previously, the police received a complaint from suspect Cuong about Nguyen Duc H. (born in 1987, in My Hao town) committing fraud and appropriating property by receiving 300 million VND to get a job for Cuong.
The police focused on verifying and investigating, however, the results determined that the content of Cuong's complaint was untrue.
Accordingly, in May 2020, due to needing money, Mr. H. borrowed 300 million from Cuong with an interest rate of 44%/year. When lending money, Cuong prepared a receipt with the content that Mr. H. received the above amount to apply for a job for Cuong and then asked him to sign.
From around September 2022, due to Mr. H.'s failure to pay the interest many times, Cuong often sent threatening messages, if he did not pay as agreed, he would send a complaint to the authorities according to the content of the receipt Mr. H. signed about receiving the above amount of money.
After sending threatening messages many times, as of August 10, Cuong had collected a total of 317 million VND from Mr. H.
According to Vietnamnet