“Former Bank Official Arrested for Embezzling 1.1 Billion VND in Son La”

"In a despicable display of deceit, Nguyen Van Khiem exploited his position at a Son La provincial bank to dupe unsuspecting individuals out of their hard-earned money. With cunning and false pretenses, he swindled a staggering 1.1 billion VND, leaving a trail of betrayal and devastation in his wake."

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On the morning of August 31, the Investigative Police Office of Son La Provincial Public Security announced the initiation of prosecution and arrest of Nguyen Van Khiem (born 1984, residing in Vo Tranh commune, Thai Nguyen province) for the charge of “appropriation of property by fraud”.

Son La Provincial Public Security’s Investigative Police executes the arrest warrant for Nguyen Van Khiem

According to the investigation, in 2017, Nguyen Van Khiem was a bank official in Muong La district, Son La province. Taking advantage of his position, Khiem provided false information to appropriate a total amount of 1.1 billion VND from multiple residents of Chieng Hoa commune, Son La province.

After appropriating the money, Khiem spent it for personal use, quit his job at the bank, and left the locality.

In October 2024, upon receiving the information, the investigative agency initiated a prosecution for the case of “appropriation of property by fraud” and started tracking the suspect. On August 28, after a thorough investigation, the authorities gathered sufficient evidence to make a decision to prosecute and arrest Nguyen Van Khiem.

The Son La Provincial Public Security requests that any individuals who have been affected by Nguyen Van Khiem’s actions contact the Investigative Police Office of Son La Provincial Public Security via Lieutenant Lo Van Truong, Deputy Team Leader and Investigator, at 0359.989.578 to be supported and resolved.

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