On September 3rd, the Criminal Police Department of Quang Tri Province’s Public Security announced the successful operation of Case 201V, “Usury in Civil Transactions,” leading to the arrest of three individuals involved in illicit lending practices.
The authorities issued an emergency detention order for Pham Duy. Photo: CA
The investigation revealed that from 2024 to 2025, a group of individuals, including Pham Duy (DOB: 1992) from Son Tay Ward, Nguyen Van Dung (DOB: 1966) from Tran Phu Commune, Tran Tuan Vu (DOB: 1990) and Phan Viet Trung (DOB: 1992), both from Son Tay Ward, Hanoi, and Duong Huu Phuc (DOB: 1987) from Phuc Yen neighborhood, Yen Bai Ward, Lao Cai Province, engaged in usurious lending practices. They offered loans to individuals in Quang Tri Province and Hue City with interest rates ranging from 240% to 644% per annum, which is 12 to 31.28 times higher than the maximum rate allowed by the Civil Code. The group facilitated transactions totaling over VND 25 billion and illegally profited by more than VND 10 billion.
The authorities conducted urgent searches at the residences of the accused, seizing ten mobile phones, two desktop computers, two knives, two swords, and numerous related documents.
During the search of Tran Tuan Vu and Phan Viet Trung’s rented accommodation on Nguyen Chi Thanh Street, Nam Dong Ha Ward, Quang Tri Province, the task force discovered nine pink, round pills in a bedroom cabinet. The team conducted a drug test on Trung and Vu and handed them over to the local police, along with the drugs, for further investigation into their alleged illegal drug possession.
Notably, the primary suspects, Nguyen Van Dung and Pham Duy, have previous criminal records and offenses.
The case is currently under further investigation, and the authorities will handle it in accordance with the law.
The Embezzler’s Trail: Unraveling the Web of Fraud with Hundreds of Project Land Titles as Collateral
Cường, a shrewd and enterprising individual, had a penchant for leveraging opportunities. He mortgaged 205 land-use rights certificates, pertaining to plots in the Anh Dũng IV Housing Project, to secure loans from multiple banks. The total value of these loans amounted to a staggering 910 billion VND.
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The Bac Ninh Provincial Police Investigative Agency has just issued an indictment and a residential restriction order against the Director and Deputy Director of Dai Kim Limited Company.
Detained: Woman Impersonating a Bank Employee to Commit Fraud
“A cunning con artist, Lăng Ngọc Diễm, weaved a web of deceit, posing as a bank employee in An Giang. With calculated charm, she ensnared four unsuspecting victims, only to vanish into thin air, leaving a trail of broken dreams and financial ruin in her wake.”
Indictment Sought for Two Former Chairmen of a Listed Company for Alleged Capital Inflation
The company listed and offered for sale 25,350,000 shares with the ticker symbol TOP on the stock exchange. These shares were devoid of intrinsic value and were issued with the sole intent of defrauding investors. The total amount swindled from unsuspecting investors amounted to a staggering sum of over 64 billion VND.
Indictment: Former Chairman and Director Charged with Embezzling Over $390,000.
During their tenure as Chairman and Director of the company undertaking the project for a 4-star hotel and tourist market complex in Hau Giang, Le Gia Phuoc and Nguyen Tri Dung defrauded and embezzled over 9 billion VND.
