Arrested female real estate fraudster who appropriated 80 billion VND
Vo Ngoc Ha Quyen plays the role of a wealthy man living a luxurious life to scam many rich people into contributing capital to buy houses and land and then take possession of them.
On March 17, the Ho Chi Minh City Police Department announced that it had issued a decision to prosecute the case, prosecute the accused, and execute an order to temporarily detain Vo Ngoc Ha Quyen (49 years old, residing in Tan Binh district) for the crime of "Fraudulent appropriation of property”.
The above decisions and orders have been approved by the Ho Chi Minh City People's Procuracy.
According to initial investigation, Quyen specializes in real estate trading in Ho Chi Minh City so she often contacts people with financial capabilities.
Quyen plays the role of a rich tycoon, driving a supercar, living a luxurious life and specializing in buying and selling valuable real estate.
Quyen approached many rich people. Initially, to create absolute trust, Quyen borrowed money from some people and paid the principal and interest on time, with prestige.
Then, Quyen called on these people to buy houses and land of great value in the center of Ho Chi Minh City or contribute capital to repay bank loans.
Specifically, when calling for capital contributions to buy houses and land, Quyen learned about the actual value of the property, then provided information about the purchase and sale value lower than the actual price so that the victims would see the cheap price, agree and transfer capital contributions.
For the capital mobilization trick to pay off the bank, Quyen offered high interest rates to appeal to the victims' greed.
After taking the victims' money, Quyen only used a portion to deposit to buy real estate, did not use it for the purpose of paying off bank loans and appropriated it for personal spending.
Through investigation, the police determined that during the period of 2019 - 2021, with the above method, Quyen appropriated from 5 people, with a total amount of over 80 billion VND.
The Ho Chi Minh City Police Department is continuing to expand the investigation to clarify the roles of a number of related subjects.
