Woman arrested for fraud and appropriation of more than 20 billion VND

On May 14, the Investigation Police Agency of Kien Giang Province Police coordinated with the Provincial Procuracy to issue a decision to prosecute the accused, an arrest warrant for temporary detention, and a search warrant for the residence of Nguyen Thi Thu Trang (38 years old, residing in An Hoa Ward, Rach Gia City) for the crime of "fraudulent appropriation of property".

According to the investigation results, due to previous acquaintances, around January 2021, Trang went to Ms. NTQ's house (residing in Vinh Lac ward, Rach Gia city) and said that many customers who were borrowing capital at the transaction office of a bank in Rach Soi ward (Rach Gia city) needed to borrow money to pay off their debts.

If Mrs. Q. has money, she should lend it to Trang to give to the above people to borrow at maturity and get interest. Trusting Trang, Mrs. Q. agreed.

Using this trick, from January 2021 to August 2022, Trang borrowed more than 20 billion VND from Ms. Q. and her husband many times and then appropriated it.

At the police station, Trang admitted that the information she gave to Mrs. Q. and her husband was not true. Trang used the borrowed money to invest in a restaurant business and pay interest to Mrs. Q.

Recently, Trang's business has been losing money and she is unable to pay her debts to Mr. and Mrs. Q., so the victim filed a complaint against Trang's fraudulent behavior with the police.

Through searching Trang's residence, the police seized a number of important documents to serve the investigation.

The case is currently under investigation.