The owner of a sim card store scammed over 50 billion VND.

The Investigation Police Agency of Ha Tinh Police has just issued a decision to prosecute the case, prosecute the accused, and temporarily detain Truong Thi Luu (born in 1986), residing in Thach Quy ward, Ha Tinh city, for the crime of "Fraudulent appropriation of property".

Previously, in 2017, Truong Thi Luu signed a contract to operate a SIM card sales point and money transfer collection service with a telecommunications network, registering a store at 572 Nguyen Cong Tru Street, Thach Quy Ward, Ha Tinh City, Ha Tinh Province. From 2017 to around the end of 2020, the store operated normally, until the end of 2021, due to business losses, Truong Thi Luu went bankrupt and lost the ability to pay her debts.

To have money to pay the principal, pay the mobilization fee of many people and pay the bank interest, Luu came up with the idea of ​​defrauding many people to mobilize money. Luu lied that he was providing money transfer services for a telecommunications network with a large number of customers, a large amount of money transferred daily and enjoyed high service fees. Luu needed to mobilize capital to provide money transfer services for customers, promising to pay the money transfer mobilization service fee of 2,000 VND/1,000,000 VND/1 transfer and at least 5 transfers per day.

In particular, the initial investigation results determined that on October 27, 2023, Truong Thi Luu committed fraud and appropriated money from 2 victims: Ms. D.TDT, residing in Tran Phu ward, Ha Tinh city and Ms. PTTC, residing in Nguyen Du ward, Ha Tinh city, a total amount of over 1.1 billion VND.

Using the above tricks, from the end of 2021 to October 27, 2023, Truong Thi Luu defrauded more than 20 people of capital to provide money transfer services, appropriating a total amount of more than 50 billion VND. The amount of capital that Luu defrauded from many people was used to pay debts and fees for other people in the form of defrauding one person to pay another. Because the fee that Luu offered was high, many people contributed capital to Luu to enjoy the money transfer service fee.

At the police station, Truong Thi Luu confessed all her crimes.

Based on the collected documents and evidence, on November 2, 2023, the Investigation Police Agency issued a Decision to prosecute the case, prosecute the accused and issue an Order of temporary detention against the accused Truong Thi Luu for the crime of "Fraudulent appropriation of property" as prescribed in Clause 4, Article 174, Penal Code.