Former director arrested for fraud.
On the morning of July 17th, the Da Nang Police Department arrested Nguyen Thi Thuy Kieu (born in 1978), former Director of the Personal Banking Division of a bank branch, to investigate and clarify her alleged fraudulent activities and appropriation of property.
According to the police, Nguyen Thi Thuy Kieu worked for Prudential Finance Company for many years. In August 2018, Kieu transferred to a bank as a Regional Sales Director, and was dismissed from her job in January 2022.
During her time working at the Finance and Banking Company, Kieu provided services for renewing credit cards and loans for customers. To fund this work, Kieu borrowed money from relatives and friends at interest rates ranging from 1-3.5% per month.
Initially, the business went well, and Kieu paid both interest and principal in full. However, she later invested in real estate, stocks, and foreign exchange through the Exness electronic trading platform, but suffered heavy losses. In an attempt to recoup her losses, Kieu concealed the fact that she needed capital to repay bank loans, and continued to borrow from many people to pay off debts, plunging into risky investments that ultimately led to her inability to repay them.
During the period from 2021-2022, using the tactic of spreading false information, Kieu borrowed money,appropriationMany victims were defrauded of nearly 10 billion VND. Among them, the person who was defrauded the most was Mr. TCQ with over 6 billion VND, followed by Ms. NTKL with 2 billion VND, and Ms. NTCL with over 600 million VND...
After being harassed by numerous people demanding their money back at her workplace and being forced to resign from her job by the bank, Kieu sold her house and fled to Ho Chi Minh City to escape her debts. Following complaints from the victims, the Da Nang City Police investigated and tracked down Nguyen Thi Thuy Kieu. On July 17th, Kieu was arrested and extradited from Ho Chi Minh City to Da Nang for further investigation and legal proceedings.
Previously, on July 16th, the Investigation Police Department of Da Nang City also served a decision to prosecute and temporarily detain Tran Thanh Hai (born in 1995), a credit officer at a bank branch in Lien Chieu district, for the crime of fraud and appropriation of property.
Previously, Hai had used the tactic of swapping account information of customers who needed loans for refinancing to embezzle 900 million VND.
