Security guard of People's Credit Fund of Ngo Quyen commune (Thanh Mien) received 15 years in prison for defrauding nearly 10 billion VND

Huong is a security guard and driver of the People's Credit Fund of Ngo Quyen Commune (Thanh Mien). In need of money, from January 2020, Huong lied to Ms. NTT in Viet Hoa Ward (Hai Duong City) that customers approved by Huong for loans at the Ngo Quyen Commune Credit Fund needed money to pay off debts.

Huong asked to borrow money from Ms. T. to pay off the debt to the customer on time, without affecting Huong's competition and rewards. Ms. T. thought it was real and lent Huong 3.1 billion VND.

On April 15, 2022, Huong continued to tell Ms. T., an inspector who was auditing loan applications at the Credit Fund, that he discovered that some applications that Huong had approved for loans did not use the loan capital for the right purpose; the capital needed to be recovered before the due date, if the capital could not be recovered, Huong would lose his job.

Huong told Ms. T. to lend money to the customer to pay the Credit Fund, then Huong would make another loan application for the customer and pay Ms. T. Ms. T. continued to lend Huong 6.5 billion VND.

When receiving the total amount of 9.6 billion VND from Ms. T., Huong used it to pay off debts for 6 people and spent more than 8.3 billion VND; he returned more than 1.2 billion VND to Ms. T.

On August 2, 2022, Huong resigned from the Credit Fund, changed his phone number, cut off contact with Ms. T. and left the area. On November 17, 2023, Huong was arrested.