Three victims were scammed when investing in stocks through the SKSVIP app.

Recently, the Cyber ​​Security and High-Tech Crime Prevention Department of the Hanoi City Police received reports from three victims in Hanoi regarding fraud when participating in stock market investment on the SKSVIP application. The victims stated that they were invited to participate in an online stock market investment course on the application called SKSVIP, which had an interface identical to legitimate stock market websites and applications, with stock codes, indices, and face values ​​exactly as in the real stock market.

The interface of the fraudulent SKSVIP app resembles a real stock trading app.

Players are then instructed to buy and sell stocks currently traded on the exchange. Linked to events of large companies (e.g., company anniversary) or insider information from within the company, the scammers fabricate attractive offers to buy bonus shares at cheap prices of only 7,000 - 10,000 VND per share, which is only 1/4 - 1/5 of the actual value, in order to further trick players into depositing money for investment.

Initially, participants made profits and could withdraw small amounts. Trusting the promises, the three players continued to deposit more money to invest, with the promise of even higher profits, reaching over 3.5 billion VND. When the players wanted to withdraw their money, various reasons were given, such as the trading account violating buy/sell rules and requiring additional funds for the account to function normally again and for withdrawals to be possible. Furthermore, the high-profit account was subject to tax...

To prevent fraud, the Cyber ​​Security and High-Tech Crime Prevention Department of the Hanoi City Police recommends that citizens be vigilant and avoid investing online without thoroughly researching the company or business.

If you wish to invest, go directly to the relevant authorities to register and open an account to ensure the authenticity of your investment. Furthermore, be wary of requests to send money, invest, or participate in financial transactions from unknown sources. Scammers often use the tactic of promising high returns or attractive investment opportunities to steal victims' assets. When encountering cases with signs of fraud, people should contact the police to promptly resolve the matter according to regulations.