3 victims were scammed when investing in stocks on the SKSVIP application

Recently, the Department of Cyber ​​Security and High-Tech Crime Prevention, Hanoi City Police received a report from 3 victims in Hanoi about being scammed when participating in stock investment on the SKSVIP application. The victims said that they were invited to participate in an online stock investment course on an application called SKSVIP, which has an interface identical to official stock trading websites and applications with stock codes, indexes, and face values ​​exactly like on the real stock market.

SKSVIP scam app interface is similar to real stock trading app.

Players are then guided to buy and sell stocks that are trading on the floor. Associated with events of large companies (e.g., company anniversary) or people in the company have inside information, the subjects themselves "draw" attractive incentives to buy cheap bonus stocks at only 7,000 - 10,000 VND/share, only 1/4 - 1/5 of the actual value to continue to trick players into depositing money to invest.

Initially, the participants had profits and could withdraw money in small amounts. Trusting, 3 players continued to deposit more money to participate in investing with the promise of higher profits with an amount of up to more than 3.5 billion VND. When the players wanted to withdraw money, for many reasons, the trading account violated the buying/selling principles and required additional money to be deposited so that the account could operate normally again and could withdraw money to the account, the account with high profits needed to pay taxes...

To prevent fraud, the Cyber ​​Security and High-Tech Crime Prevention Department, Hanoi City Police, recommends that people be vigilant and not invest online without clearly understanding the company or business.

If you want to invest, go directly to the management agencies to register and open an account to ensure the authenticity of the investment. In addition, be wary of requests to deposit money, invest or participate in financial transactions of unknown origin. Fraudsters often use tricks promising high profits or attractive investment opportunities to appropriate the victim's assets. When encountering cases showing signs of fraud, people need to contact the police to promptly resolve the case according to regulations.