Technology company director arrested for buying and selling billions of personal data
Lai Thi Phuong, 29 years old, Director of VNIT TECH Company, participated in the buying and selling of 1,300 GB of data, containing billions of personal information.
The investigation agency applied a measure of prohibiting Phuong from leaving his place of residence from May 4 and continued to clarify Quy's behavior for handling in the coming time.
![]() |
Lai Thi Phuong. |
Authorities are also investigating 15 other people involved in the appropriation rings.data tradinglarge scale in many provinces and cities nationwide. The project was dismantled by the Department of Cyber Security and High-Tech Crime Prevention (Ministry of Public Security) in coordination with the Office of the Ministry of Public Security's Investigation Police Agency (C01).
Personal data in many fields such as electricity customers; parents, students; customers of many banks, including large banks; business registration information, state agency personnel, insurance, household registration; telecommunications data, telephone subscribers; customer information at real estate projects; electronics customers nationwide; information of customers investing in finance, securities, dental, fashion, beauty salon customers...
![]() |
Police searched many locations of many 6 illegal data trading lines in many provinces and cities across the country. Photo: Provided by the investigation agency. |
When selling, the suspects committed to "warranty" (commitment to accuracy) and the ability to update data and extract data according to the buyer's request.
According to the representative of the Department of Cyber Security and High-Tech Crime Prevention, most of the data is collected from many sources and by many different methods, including taking advantage of information system administration rights at some agencies and businesses to extract it.The amount of money this group embezzled has not yet been announced. During the investigation, authorities discovered that many individuals and businesses (insurance, foreign language centers, real estate...) had purchased data in large quantities.
In addition to the hotlines, the Department of Cyber Security and High-Tech Crime Prevention is also investigating information that a member of a forum specializing in buying and selling hacker data has just posted thousands of ID photos for sale online for $9,000.