Former Chairman of Sen Tai Thu Company and his daughter were arrested on suspicion of swindling capital mobilization of 1,000 billion VND.
Ms. Pham Thi Hoa - former Chairwoman of the Board of Directors of Sen Tai Thu Joint Stock Company and her daughter Nguyen Thi Thuy Linh were arrested to investigate the crime of "Fraudulent appropriation of property".
On January 29, the Hanoi City Police Investigation Agency initiated a criminal case.fraud and appropriation of propertyat Sen Tai Thu Joint Stock Company.
In the above case, the investigation agency urgently arrested Ms. Pham Thi Hoa - former Chairwoman of the Board of Directors of Sen Tai Thu Joint Stock Company and her daughter Nguyen Thi Thuy Linh. In addition, another person involved in the above crime was also arrested, Nguyen Thi Lan Huong.
According to the investigation, from 2018 to May 2023, Sen Tai Thu Joint Stock Company had a huge outstanding debt and was unable to pay. The subjects took advantage of the reputation of the Sen Tai Thu healthcare brand, inflated charter capital, and reported the system's revenue and profits that were not true to reality to illegally mobilize capital.
Initially, about 100 contracts with an amount of about 1,000 billion VND from investors were mobilized. The subjects paid commissions of 7-30% to "subordinates" and the customer expansion team.
The case is currently under investigation.
