Prosecution of the communal credit fund security guard for defrauding and appropriating more than 8.7 billion VND

The Investigation Police Agency of Hai Duong Province Police has decided to prosecute and execute an order to temporarily detain Nguyen Van Huong, born in 1990, residing in Ngo Quyen Commune (Thanh Mien) to investigate the act of fraud to appropriate property, according to the provisions of Clause 4, Article 174 of the Penal Code.

According to the investigation results of the Criminal Police Department of the Provincial Police, Nguyen Van Huong used to be a security guard and driver at the People's Credit Fund of Ngo Quyen Commune (Thanh Mien). Since July 2021, Huong has spread the news that he has the function and duty to review and disburse loan applications of customers, directly contacted a number of acquaintances and raised the issue of borrowing money to serve professional work.

Trusting the information provided by Huong, from July 2021 to May 2022, Ms. NTT (39 years old, in Hai Duong City) transferred a total amount of more than 8.7 billion VND to the borrower.

When the debt payment deadline came, Huong repeatedly gave a series of reasons to request an extension. However, in reality, the entire amount was used by the subject to pay off debt, gamble and personal expenses.

In early August 2022, to avoid being asked for money, Huong fled his residence. The subject was then summoned, prosecuted, and temporarily detained by the investigation agency to serve the investigation.