On June 14, Danang Police issued an arrest warrant and detained Pham Cong Loc (41, residing in Ward 3, Phu Thanh Ward, Tan Phu District, Ho Chi Minh City) for his involvement in a large-scale online gambling syndicate.
The authorities identified Loc as the mastermind behind an extensive gambling operation with transactions totaling over VND 2,000 billion. The syndicate’s activities spanned across multiple provinces in the country.
Pham Cong Loc, the mastermind behind the online gambling syndicate, is arrested.
Previously, on November 16, 2024, Hai Chau District Police, in collaboration with the Danang City Police’s Department of Cyber Security and High-Tech Crime Prevention, busted a large-scale football gambling ring. Twelve suspects were apprehended, along with numerous electronic devices, over 10,000 documents, and other related evidence.
Following the initial arrests, the case was transferred to the Criminal Police Department for further investigation, leading to the indictment of additional suspects, including Nguyen Xuan Tien and Dang Xuan Tuan for gambling offenses, and Le Cu Phach for organizing gambling.
After a thorough six-month investigation, the police identified Pham Cong Loc as the kingpin of this intricate network. Loc frequently traveled to Cambodia, where he colluded with local gambling syndicates to obtain a super master account on the “BONG88” gambling website, with a limit of 900,000 YEN.
From this primary account, Loc created a hierarchical structure, appointing subordinates to manage smaller accounts (Master, Agent, and Member) and organizing gambling and football betting operations across various provinces in Vietnam.
Uncovering a Massive Scam: Mastermind Behind the $50 Million Web of Deceit Arrested
“Unraveling a complex web of cybercrime, the investigation has revealed a network of tech-savvy individuals who orchestrate illegal activities with finesse. These perpetrators, with a deep understanding of technology, have been managing an unauthorized online payment intermediary system, seamlessly integrated with illicit online gaming portals based on foreign IP addresses. Their sophisticated tactics present a unique challenge, demanding an equally adept response.”
