Gold shop owner in Nghe An boasts of having 4 children go abroad to defraud billions
(Baonghean.vn) - Within 3 months, Nguyen Vinh Ky defrauded victims of more than 1.8 billion VND. The trick this man used was to brag about having 4 children abroad, and boast that he was able to help people travel and study in Canada.
On March 11, Nghe An Provincial People's Court opened a first-instance criminal trial of Nguyen Vinh Ky (born 1952), residing in Nam Dan town, Nam Dan district, for the crime of "Fraudulent appropriation of property".
Nguyen Vinh Ky used to run a gold and silver shop and a goldsmith, so he was quite reputable in the locality. Around mid-2018, due to bank debt and business losses, Ky came up with the idea of defrauding people to study abroad and travel abroad to appropriate other people's property.
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| Defendant Nguyen Vinh Ky. Photo: Tran Vu |
With the above tricks, within 3 months from July 2018 to October 2018, Ky defrauded and appropriated from 3 victims a total amount of more than 1.8 billion VND. Of which, he defrauded Ms. Le Thi Xuan of more than 1.2 billion VND to take care of procedures for 3 people to go to Canada. He appropriated 300 million VND from Mr. Duong Van Ninh and Mr. Ngo Xuan Trung each to take care of relatives going to Australia.
At the trial held in February, the panel of judges decided to temporarily suspend the trial to further investigate the role of Ms. Le Thi Thuy (Ky's wife) in the case.
After the investigation, the court determined that Ms. Le Thi Thuy and her eldest son were involved in receiving the money but did not know that Ky had committed the fraud, so they were not criminally responsible. Therefore, in this case, only Nguyen Vinh Ky was prosecuted.
In court, the defendant stated that he used 600 million VND of the money he had embezzled from the victims to pay off bank loans for his children to study abroad. Ky could not explain what he spent the remaining money on.
After the victims filed a complaint, the defendant's family returned 180 million VND to Ms. Xuan and 50 million VND to Mr. Ninh and Mr. Trung each.
For the crime of Fraudulent appropriation of property, Nguyen Vinh Ky was sentenced to 13 years in prison. The court ordered the defendant to pay back more than 1.5 billion VND to the victims.
