On January 8th, the Criminal Police Department of Da Nang City Police initiated a criminal case for “Fraudulent Appropriation of Property – Money Laundering,” charging Tran Duc Giang (born in 1986, residing in Phu Tho Province) with the crime of “Money Laundering.”
Previously, in September 2025, the Criminal Police Department of Da Nang City Police received a criminal report from Mr. M.T.H. (residing in An Khe Ward, Da Nang City) regarding an unidentified group of individuals who defrauded him of over 5.3 billion VND through online gold investment schemes.
Serving the indictment to Tran Duc Giang
Immediately upon receiving the report, the Criminal Police Department collaborated with the Cyber Security and High-Tech Crime Prevention Department of Da Nang City Police to implement verification and investigation measures.
They identified that the VPBank account number 432288633, registered under Meden Luimier Investment Company Limited, with Tran Duc Giang as the Director, was one of the accounts used to transfer the stolen funds.
During questioning by the police, Giang admitted to meeting an individual with the alias “68” on social media. He was hired to register a company and open multiple personal and corporate bank accounts to facilitate receiving and transferring money.
Giang opened 12 bank accounts across various banks and provided all login information to this individual in exchange for payment.
In early July 2025, Giang was lured to Cambodia via an unofficial border crossing to work for a foreign-owned company. There, he directly conducted transactions, receiving and transferring money through his accounts as instructed, including large transactions requiring biometric authentication.
From July 2025 to October 2025, Giang executed hundreds of transactions to move and conceal the origins of funds from fraud victims, including the 5.3 billion VND belonging to Mr. M.T.H.
According to the report, in early June 2025, Mr. M.T.H. was lured into participating in an online investment platform.
Initially, the fraudsters provided a “trial investment” account with virtual money, continuously guided him, and generated high profits to build trust. Once the victim was convinced, they requested him to create a personal account, deposit real money, and cited reasons such as requiring the account to reach over 100,000 USD to join an “international investment group,” forcing him to deposit more funds.
During transactions, when losses occurred, the fraudsters impersonated customer service representatives, offering loans to “cover fees” and promising repayment upon withdrawal.
However, when the victim attempted to withdraw, the system repeatedly issued notices demanding loan repayment and additional deposits for various reasons.
By late September 2025, despite depositing the required amount, the account was locked for being “invalid.” At this point, the victim realized he had been scammed and reported the case to the police.
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