Nghe An police arrest subject who appropriated 7.2 billion VND through scam to mobilize capital for real estate investment

The Criminal Police Department, Nghe An Provincial Police has just arrested Nguyen Thi Thoan (born in 1992), residing in Dong Van commune, Thanh Chuong district, for the act of "Fraudulent appropriation of property" through the form of joint capital contribution to invest in real estate.

Accordingly, Nguyen Thi Thoan had an acquaintanceship with a woman living in the same locality. Knowing that the victim was capable of raising a large amount of money, Thoan informed the victim that Thoan had a reputable brother who was good at business and had many relationships to invest in large real estate projects that generated high profits and was looking for someone to contribute capital to invest in real estate.

To gain the victim's trust, Thoan sent photos of himself with a person he introduced as his brother, photos of construction sites, projects in progress, and land use rights certificates to the victim and lied that these were projects in which Thoan's brother was investing, and promised that these projects would generate tens of billions of dong in profits.

In addition, Thoan also informed the victim that Thoan was a secretary, assigned by Thoan's brother to raise capital to transfer to Thoan's brother to invest in real estate. When there was profit, Thoan would receive money from his brother and then return the principal and interest from the real estate to the investor.

Trusting the information Thoan provided, the victim transferred money to Thoan many times. The total amount that Thoan appropriated from the victim was more than 7.2 billion VND. Thoan used part of the entire amount to pay off debts and personal expenses.

On September 19, 2024, Nguyen Thi Thoan was detained by the Criminal Police Department, Nghe An Police to investigate the act of "Fraudulent appropriation of property".

The police agency recommends that people who want to buy land or invest in real estate should proactively verify the legality of the land. If buying through a broker, they should carefully research personal information, proactively and directly participate in verifying all information in the contract with the authorities, and should not believe in the advertisements and enticements of the subject.

For projects with prices that are too low compared to the market, you need to be careful and research information carefully before investing money. During the process of buying and selling real estate, if you discover any abnormalities or suspicions about documents or red books that show signs of forgery, you need to report to the police for resolution.