Arresting a group of people who set up a 'virtual' stock exchange and swindled tens of billions of dong
The police have just eliminated a group of people who set up a "virtual" stock exchange to defraud and appropriate tens of billions of dong from many victims across the country.
On September 30, Quang Nam Provincial Police announced that they had just dismantled a stock exchange establishment ring.fraud and appropriation of property, gambling, organizing gambling, illegally collecting and storing bank account information related to foreigners, nationwide.
Previously, in December 2023, the Criminal Police Department (Quang Ngai Provincial Police) received a report from Ms. Vo Thi B. (Duy Xuyen district, Quang Nam) that a group of people had appropriated more than 1.3 billion VND in the form of securities investment.
During the investigation, the police determined that this group of scammers was very professional, had a large network, and was related to foreigners. The group often organized online seminars, set up virtual trading floors, etc. to defraud and appropriate property.
After collecting evidence, on September 19 and 22, Quang Nam Police coordinated with functional forces to urgently search and arrest 5 subjects: Huynh Ngoc Tuan (39 years old), Ton Huy Tang (41 years old, both residing in Quang Nam), Tran Thi Thu Trang (29 years old, residing in Dak Lak), Nguyen Dinh Toan (32 years old, residing in Hanoi).
According to the investigation, in early 2022, Tuan hired a subject (unknown background) to create a website called Worldex.live (with the purpose of being a trading floor).
Tuan, Trang, Toan, Tang and a number of other subjects forged documents, pretended to be investment experts, and organized seminars calling on many people in localities to participate in investing in virtual currency (USDT) on the Worldex.live exchange.
On November 13, 2023, Tuan closed the Worldex.live floor (collapsed the floor) and appropriated about 20 billion VND from victims nationwide.
In December 2023, Tuan continued to open a new floor named GTG.GLOBAL to continue to scam using the old method in many provinces and cities across the country.
Tuan used most of the money he embezzled to gamble on the website www.bk8inter.com (run by a person in Taiwan - China). Electronic data extracted from the gambling account shows that from December 2022 to present, the total amount of transactions and bets by Tuan alone is more than 207.5 billion VND.
Quang Nam police seized evidence including 4 cars, 74 mobile phones, 6 CPUs, 4 monitors, 4 laptops, 1 tablet, 2 passports, 37 bank cards, 27.2 million VND, 500 USD, 6 necklaces, 5 gold rings, 22 gemstone bracelets, more than 1,000 pages of virtual currency investment instructions and many related documents.
Quang Nam police have prosecuted Tuan, Trang, Toan, and Tang for "Fraudulent appropriation of property"; and prosecuted one foreigner for "Illegal collection, storage, exchange, sale, and publicization of information about bank accounts" and "Organization of gambling".
In addition, Tuan was also prosecuted for "Gambling"; Trang for "Forgery and use of seals and documents of agencies and organizations".
