Many borrowers had nearly 13 billion VND taken by bank employees

Cuong, 31 years old, credit officer of Lien Viet Post Joint Stock Commercial Bank, Bao Loc City branch, was temporarily detained by Lam Dong Provincial Police for his behavior.Fraudulent appropriation of property, September 13.

According to the investigation agency, from October 2022 to April this year, Cuong lost money investing in virtual currency and owed many people a large amount of money. To have money to pay off the debt and continue investing, Cuong provided information about "providing bank maturity services" to continue borrowing money. At the same time, Cuong was assigned to complete mortgage credit contracts for 18 customers.

When the customer provided the account number to receive the disbursement, he added his own account to receive a total of 12.8 billion VND. Cuong used this money to continue playing with virtual money and pay off debts, paying interest to the bank himself so that the borrower would not find out. When some people wondered because they did not see the money transferred to the account, Cuong tried every way to cover it up and avoid it.

However, the incident was later discovered. 18 customers fell into debt and had their bad debts suspended by the bank. On July 6, they went to the bank branch and held banners demanding their rights.

One of the victims, Mr. Phan Duy Viet, from Di Linh town, signed a credit contract to borrow 1.5 billion VND under the management of Cuong, the money was disbursed on March 24. After completing the contract, the disbursement system reported to the account number opened at LienVietPostBank, but then Mr. Viet did not see the money transferred to his account. After two weeks of waiting, he went to the bank to find out and learned that the loan amount had been transferred to someone else's account.

Another case is Mr. Nguyen Van Hung, who made two loan contracts of 3 billion VND on January 10, but then only received 1.5 billion VND. In early April, he was anxious to call Cuong to ask the reason but could not contact him. He went to the bank to find out and was informed that Cuong had been fired. The bank provided him with two credit contracts of 3 billion VND that had been disbursed, but half of the money had been transferred to another account. Since Cuong was fired, Mr. Hung has had to bear 40 million VND in interest each month. Because he did not receive the money, he did not pay, so the bank classified him as a bad debt.

In July, Mr. Mai Hung, acting head of LienVietPostBank Bao Loc, said that all contracts and credit disbursement records of 18 customers were carried out by the bank in accordance with the regulations for loans of the State Bank. After the incident occurred, LienVietPostBank Bao Loc reported to the Bank's Headquarters; at the same time, filed a complaint against Cuong with the Lam Dong Provincial Police.

According to Mr. Hung, through working and based on Cuong's report, it shows that the above incident is "a violation of personal gain" by Cuong. LienVietPostBank Bao Loc is coordinating with the investigation agency to clarify to ensure the legal and legitimate rights of customers.

After being fired from the bank, Cuong fled to Ho Chi Minh City, then used his friend's credit card to withdraw money and was arrested by Tan Binh District Police. Recently, Lam Dong Police clarified Cuong's actions and transferred the suspect for investigation and handling.