Arrested group buying and selling bank accounts, assisting in fraud of more than 25,000 billion VND
The police have just dismantled a gang that illegally bought and sold bank accounts to provide to fraud gangs to appropriate assets online, with a scale of 25,000 billion VND.
On August 2, according to the Ministry of Public Security's Information Portal, the Investigation Security Agency of Tay Ninh Province Police prosecuted and detained Pham Van Nghia (45 years old), Nguyen Phu Yen (40 years old) - both residing in Ben Cau District, Tay Ninh Province; Ngoc Tuan Anh (27 years old), Vuong Thi Thanh Hoa (35 years old) - both from Phu Tho and Ngo Xuan Phuong (28 years old, from Hanoi) to investigate the crimes of: Buying, selling, exchanging, illegally collecting information about bank accounts; Fraudulent appropriation of property and Money laundering.
Previously, through professional work, the Cyber Security and High-Tech Crime Prevention Department of Tay Ninh Provincial Police discovered a criminal gang using cyberspace to commit fraud, appropriate property, illegally buy and sell bank account information, and launder money across borders with a scale of thousands of billions of VND.
Since late 2022, Pham Van Nghia and Nguyen Phu Yen have colluded with a group of Vietnamese and foreigners in Cambodia to buy bank accounts to provide to online fraud gangs abroad.
Yen and Nghia bought hundreds of bank accounts from many people in Ben Cau district and handed them over to fraudsters and money launderers in Cambodia, profiting billions of dong.
According to the police, Nghia and Yen directly assisted in the criminal activities of online fraud and property appropriation.
After appropriating money from victims, scam gangs in Cambodia laundered money by hiring Vietnamese workers to go to Cambodia to directly make quick transfers through many bank accounts and then transfer the money to buy cryptocurrency (USDT) to erase traces of crime.
In which, Ngoc Tuan Anh and Vuong Thi Thanh Hoa colluded with a group of subjects trading USDT domestically led by Ngo Xuan Phuong.
The total amount of illegal USDT transactions conducted by Phuong's group from November 2023 to May 2024 is over 1.1 billion USDT, equivalent to over 25,000 billion VND.
During the investigation, the Security Investigation Agency of Tay Ninh Provincial Police seized 4 cars, 2 motorbikes, 2 laptops, 14 desktop computers, 17 mobile phones, 23 bank cards, more than 400 million VND and thousands of pages of documents on the activities of the subjects.
