Arrested for 'fake' overseas Vietnamese using fake USD to defraud a woman of 500 million VND

On September 30, Quang Ngai police announced that they had just arrested Dinh Xuan Quang (37 years old, residing in Minh Hung commune, Bu Dang district, Binh Phuoc) for fraud and property appropriation.

Through investigation, the police discovered a new scam of impersonating Vietnamese expatriates to trick people into exchanging fake USD for Vietnamese currency.

Previously, through Facebook, Quang met Ms. LTBM (31 years old, residing in Dak Lak province) who works in real estate business.

Quang introduced himself as an American Vietnamese who had just brought 2 million USD back to the country by using chemicals to cover USD bills to deceive the authorities (in fact, these were just black painted papers - PV) and wanted to cooperate in investment.

To gain trust, Quang prepared several stacks of black paper and claimed they were $100 bills. At the meeting with Ms. M. in Hanoi, Quang took out two $100 bills that had been blackened with a crayon and washed off to make them look like real $100 bills.

With the above method, Quang invited Ms. M. to do business together, exchanging Vietnamese currency for a stack of black paper containing USD.

Believing him, Ms. M. made an appointment with Quang in Quang Ngai City and gave him 500 million VND to get a stack of black papers that Quang thought were disguised USD bills.

When Quang brought a black paper bag to Ms. M. to exchange for 500 million VND, he was caught red-handed by the police.

It is known that Quang has a criminal record. Recently, this "fake" overseas Vietnamese has been operating fraud activities in many localities. He used an unregistered citizen ID to rent a hotel and used the social network Whatsapp to communicate with the victims.

The case is under further investigation.