Stock Market

Beware of Scammers Impersonating VinaCapital and Shark Linh in Investment Fraud Schemes

Numerous entities are exploiting VinaCapital's collaboration with Shark Linh to promote and solicit illegal investment schemes, with the intent to defraud.

Administrator

16 January, 2026

On January 15th, VinaCapital Asset Management Joint Stock Company issued a fresh warning about a new scam scheme.

According to the company, several individuals have created fake websites, Facebook pages, groups, and other social media accounts. These fraudulent platforms misuse content from VinaCapital’s collaboration with Ms. Thái Vân Linh (Shark Linh) to promote illegal investment schemes promising high returns in a short period.

VinaCapital emphasizes that investments into its open-ended funds are never directed to personal accounts. Funds must be transferred solely to the fund’s account at the supervising bank. This account is monitored by the State Securities Commission to ensure investor funds are used strictly for the investment purposes outlined in the prospectus and fund charter.

VinaCapital’s open-ended fund investments are always supported by dedicated relationship managers or investment advisors. For direct investments, orders must be placed through the VinaCapital MiO app, available on both the website and mobile devices, which incorporates robust security features. Following order placement, investment funds are transferred to the fund’s account at the supervising bank.

All investor fund certificates are securely held by the Vietnam Securities Depository (VSDC), a subsidiary of the Ministry of Finance responsible for the safekeeping of all securities owned by investors in Vietnam.

VinaCapital has reported the fraudulent activities, including impersonation, trademark infringement, and scams exploiting its brand, logo, and products, to the State Securities Commission and law enforcement authorities.

Previously, Hanoi Police announced an investigation into a case where a woman in Hanoi lost over 8 billion VND to a fake VinaCapital investment scheme.

The victim, Ms. H., encountered a Facebook page named “Shark Linh/VinaCapital Open-Ended Fund Investment Partnership” advertising investment funds and advisory services. After contacting the page, she was instructed to invest through the website: www.vinacapital.amtwznz.

Trusting the advertisement, Ms. H. invested over 4.7 billion VND but was unable to withdraw her funds. She then found another Facebook page, “Start a Business from Home with Shark Linh,” where scammers convinced her to invest an additional 460 million VND to recover her initial investment.

Realizing she had been scammed, Ms. H. searched online for Facebook pages offering money recovery services. Scammers demanded further payments under various pretexts, such as “installing a virus to recover funds,” “withdrawal fees,” and “financial verification.” Believing these claims, Ms. H. transferred an additional 3.25 billion VND, hoping to reclaim her lost money. Unfortunately, this was another trap set by the scammers. In total, Ms. H. lost over 8 billion VND.

To avoid falling victim to scams, the Cyber Security and High-Tech Crime Prevention Department of Hanoi Police urges the public to remain vigilant. Avoid investing in schemes promising unrealistically high returns and only invest through legally authorized channels. Never transfer money to individuals or organizations claiming to help recover lost funds.

If you suspect fraudulent activity, report it immediately to the police for proper handling.

Thái Phương

– 19:41 15/01/2026