"Fortune teller" in Nam Dinh scammed 268 billion VND

Nam Dinh Provincial Police have just initiated a case and arrested Bui Thi Ninh, 44 years old, residing in Nam Dinh city, to investigate the crime of Fraudulent appropriation of property.

According to the investigation results, in three years (2018-2020), Ninh invested in real estate and suffered losses, becoming insolvent. To have money to pay off debts, Ninh lied that he needed a large amount of money to invest in real estate, trade in petroleum and become a shareholder in a hydropower project in Son La, Khanh Hoa to call on relatives and acquaintances to contribute capital.

After receiving the money, Ninh did not do as agreed but used it to pay off the principal and interest owed previously. When she could no longer borrow from anyone, Ninh cut off contact and fled the area. After that, 7 people accused Bui Thi Ninh of fraud, appropriating a total of 128 billion VND.

Receiving the report, on April 30, Nam Dinh Police and District 4 (Ho Chi Minh City) coordinated to arrest Ninh who was hiding in District 4.

At the investigation agency, Bui Thi Ninh admitted to using fortune telling to create relationships with many people, through which she borrowed money and called on 19 people to contribute capital with a total of 268 billion VND.