On November 24th, the Gia Lai Provincial Police Investigation Agency initiated legal proceedings, pressed charges, and issued an arrest warrant for Nguyen Thi Hong Thao (born in 1985, residing in Pleiku Ward, Gia Lai Province) on charges of fraud and asset misappropriation.
Nguyen Thi Hong Thao (in red) listens as authorities read the arrest warrant.
According to preliminary investigations, Thao operated in the real estate sector in former Pleiku City, specializing in buying, selling, and constructing large houses for resale.
Thao crafted an image of a “female tycoon” owning numerous real estate projects, borrowing money from multiple individuals with promises of high-interest returns. She also used forged documents to substantiate her land transactions.
Many individuals trusted Thao and lent her money, with the total misappropriated amount reaching tens of billions of Vietnamese dong. By October 2025, news of Thao’s debt default of hundreds of billions of dong spread on social media, causing a stir in Pleiku.
The Gia Lai Provincial Police consider this a serious case and are collaborating with specialized units to expand the investigation and address related individuals. Thao has been charged under Clause 4, Article 174 of the Penal Code.
The Office of the Police Investigation Agency – Gia Lai Provincial Police has issued a notice urging any individuals or organizations affected by Thao’s actions to contact the police for further proceedings.
What Happens When Northeast Region Receives Investment Signals for Metro Lines and Highways Starting 2026?
Transportation infrastructure stands as a cornerstone for economic, industrial, and real estate value growth. Following recent consolidations, a wave of infrastructure investment is sweeping across Northeast Ho Chi Minh City, emerging as a powerful catalyst for regional connectivity and unlocking vast growth potential across multiple sectors.
Real Estate Firms’ Listed Debt Surges 37% Since Year-Start
In line with industry trends, numerous publicly traded real estate companies have increased their borrowing in the first nine months of 2025, strategically positioning themselves for the anticipated market recovery ahead.
Unlocking Housing Supply: The Golden Key of Mega-Urbanization
According to experts, the development of megacities centered around public transportation will be the key to unlocking future housing supply challenges.
Mailisa Headquarters in Ho Chi Minh City Shuts Down Following CEO’s Indictment
On the morning of November 22nd, our reporter observed that Mailisa Beauty Clinic, located at 86-88-91 Huynh Van Banh Street, Cau Kieu Ward, Ho Chi Minh City, had temporarily ceased operations. This followed the arrest and prosecution of Ms. Phan Thi Mai, Director of Mailisa Beauty Clinic Co., Ltd., by the Ministry of Public Security’s Investigation Agency on charges of “smuggling.”
Unlocking New Growth Hubs: Navigating Da Nang’s Investment Landscape
As Da Nang expands its development southward, the Hoa Xuan area has rapidly emerged as a new urban hub. Capitalizing on this trend, Sun Group is crafting Sun NeO City—a strategically located project with synchronized infrastructure and a sustainable vision, poised to become the focal point of southern Da Nang.
