Bring charges and arrest NHNN Inspector for forging documents to deceive

Phạm Trọng Cường, an expert in the field of State Bank Inspection and Supervision - Ho Chi Minh City branch, has recently been arrested by the Ho Chi Minh City Police for investigation into fraudulent activities involving misappropriation of assets and the use of counterfeit official stamps and documents.


Subject: Pham Trong Cuong. Photo: Ho Chi Minh City Police

On February 5th, the Office of the Criminal Investigation Agency (PC01) of the Ho Chi Minh City Police announced that they have initiated a criminal case, arrested and temporarily detained Pham Trong Cuong (born in 1990; residing in Ward 3, Phu Nhuan District) for investigation and prosecution of the offenses of “Fraudulent misappropriation of property” and “Forgery of official seals and documents”.

According to initial information, PC01 – Ho Chi Minh City Police had received a denunciation of a crime committed by Mr. V.Q.M (born in 1982; residing in Tan Mai Ward, Hoang Mai District, Hanoi, Vietnam) accusing Pham Trong Cuong of misappropriating 5.5 billion VND on October 22nd, 2021 through financial lending activities.

After receiving the denunciation, the police conducted verification, collected documents and evidence, and summoned relevant individuals for further investigation.

Based on the investigation results, it was determined that Cuong had a loan from Ban Viet Bank that was overdue and he did not have money to repay the loan. Cuong also owed approximately 4-5 billion VND to social entities, therefore he needed to liquidate assets to pay off the debt.

However, as Cuong’s assets (real estate on Phan Dang Luu street, Ward 1, Phu Nhuan District) were already mortgaged at Ban Viet Bank, Cuong asked someone to forge a document as approval for a loan from the Vietnam Bank for Agriculture and Rural Development – Tay Sai Gon Branch. The forged document stated “The bank has agreed to lend the amount of 9.3 billion VND to be provided to the person who is capable of lending, believing that Pham Trong Cuong has a loan file at the agriculture bank, which has been approved for a loan amount of 9.3 billion VND”.

Nhat Quang

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