Dismantling a fraud ring that appropriated nearly 1,900 billion VND

July 28, 2023 11:15

The Investigation Security Agency of Quang Binh Province Police has prosecuted and temporarily detained 6 subjects and criminally detained 5 subjects in a special case of online fraud in the form of financial investment.


The group of subjects were arrested by Quang Binh Police for the crime of Fraudulent appropriation of property.

On July 28, Quang Binh Police said that the unit had just coordinated with local police to successfully crack down on an online fraud case in the form of financial investment with an amount of nearly 1,900 billion VND.

Previously, at the end of 2021, many people in Quang Binh were scammed out of tens of billions of dong when participating in financial investment (Forex) through the RosyStyle floor.

Given the complexity of the case, Quang Binh Provincial Police have directed forces to urgently verify and report to the Ministry of Public Security to establish a special project.

Implementing the direction of the Ministry of Public Security, the forces of the Special Investigation Department under the Quang Binh Provincial Police presided over and coordinated with the police of many units and localities in the country to summon and fight against the subjects.

With sufficient documents and evidence collected, on July 3, the Investigation Security Agency of Quang Binh Province Police decided to initiate criminal proceedings and prosecute 6 subjects for the crime of "Fraudulent appropriation of property," and at the same time extradite these subjects from Tay Ninh to Quang Binh to investigate and clarify the case.

Expanding the project, on July 21, the functional forces of Quang Binh Provincial Police went to 14 provinces and cities nationwide to continue verifying, summoning, and fighting with 21 subjects.

To date, the Quang Binh Provincial Police Security Investigation Agency has prosecuted and temporarily detained 6 subjects, and criminally detained 5 subjects, including two foreigners, to investigate the acts of "illegally collecting, storing, buying, selling, and publicizing information about bank accounts," "fraudulently appropriating property" and "money laundering."

Quang Binh police seized many exhibits including computers, mobile phones, bank cards and many other electronic devices used in the crime.

Initially, the Investigation Committee clarified that the group of foreign leaders recruited people from Vietnam to Cambodia to train them on how to use computers, phones, junk SIM cards, and social media accounts provided by them, and prepared sample paragraphs instructing how to talk, entice, and entice investors to pay money.

They are divided into 3 main departments, including the telesale department (calling to run advertisements to find customers), the customer care department and the department that guides customers to deposit investment money, and guides customers to transfer money to Vietnamese bank accounts designated by foreign subjects.

The investigation team identified 24/44 bank accounts used by the subjects to receive money from the victims.

Through analysis, the authorities determined that the total amount of money transferred into these 24 accounts was more than VND1,830 billion. These accounts were all managed and used by foreigners.

The case is under further investigation and expansion.

According to Vietnam+

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Dismantling a fraud ring that appropriated nearly 1,900 billion VND