The reason behind the disappearance of the "reverse osmosis" cash flow has been revealed.

Turning the starfruit over 7 times in 3 days.

Around October 2023, the Criminal Investigation Agency of the Nghe An Provincial Police received a complaint from Ms. TH, residing in Bao Thanh commune, Yen Thanh district, alleging that she had been defrauded of over 3 billion VND by an official of the People's Credit Fund. Based on initial findings, this was deemed a serious fraud case, and several investigators were dispatched to the locality to gather evidence.

At the time of the incident, the accused was an accountant at the People's Credit Fund in the commune with 10 years of experience. Using professional investigative techniques, after clearly identifying the perpetrator as Vo Thi Tuyet (born in 1990), residing in Bao Thanh commune, Yen Thanh district, the investigators coordinated and persuaded her. On October 21, 2023, Vo Thi Tuyet surrendered to the Police Investigation Agency, confessing to her crime.

It is known that Ms. TH and Vo Thi Tuyet are distant relatives on their mother's side, so they are quite close. As soon as Tuyet learned that Ms. TH had recently sold land and had a large sum of cash that she wanted to deposit in the commune's People's Credit Fund, Tuyet conceived the idea of ​​borrowing money to "refinance" loans, promising to repay them in a short time. Tuyet fabricated reasons for needing to refinance loans for four customers with seven different loans. However, in reality, Tuyet only refinanced the loans seven times using the loan in Tuyet's mother's name.

Ms. Nguyen Thi B. (Tuyet's mother) mortgaged two savings passbooks to borrow money from the Bao Thanh Commune People's Credit Fund. Although these loan agreements had not yet matured and Ms. B. had no need to refinance, Tuyet provided false information to deceive Ms. TH into lending her money.

Specifically, on August 28, 2023, after verbally agreeing with Ms. TH on a loan, Tuyet sent a QR code bearing the name Bao Thanh People's Credit Fund and contract numbers, causing Ms. TH to completely trust her and send money. As a result, the victim transferred money twice, totaling 1.2 billion VND, under the pretext of "transferring money to pay for the contract."

Upon receiving the money, Vo Thi Tuyet immediately settled her mother's two loan agreements and instructed Ms. Nguyen Thi B. to sign two new agreements for the exact amount that Ms. TH had transferred. After the procedures were completed, the money was disbursed in cash, but Tuyet did not send it to Ms. TH; instead, she kept it for personal use. Tuyet lied to Ms. TH, claiming the bank was late in disbursing the funds and promising to return the money four days after the loan refinancing was completed.

Seeing an easy target, Tuyet continued to come up with more reasons to borrow money from Ms. TH. From August 28th, 2023 to August 30th, 2023, Tuyet managed to gain Ms. TH's trust and obtain seven bank transfers to carry out the loan refinancing scheme as Tuyet had promised, resulting in a total loss of over 3.7 billion VND.

Furthermore, on August 31, 2023, Vo Thi Tuyet borrowed 300 million VND from Ms. TH in her personal capacity, claiming it was to refinance a loan for Tuyet's parents-in-law. After numerous missed deadlines without receiving the money, on September 15, 2023, Ms. TH forced Tuyet to write a debt settlement document stating that Tuyet owed her over 4 billion VND. Even at the time of the trial, Ms. TH had only received over 34 million VND back.

From victim to perpetrator

The trial of Vo Thi Tuyet took place at the end of March 2024. From early morning, Mr. XT and Mrs. Nguyen Thi B. (Tuyet's parents) sat in the courtroom waiting for the trial. As soon as she saw her parents, Tuyet burst into tears, constantly wiping away her tears with both hands. Mr. XT sat two rows away from his daughter, only managing to remind her to reform well. Even at the time of the trial, he still couldn't understand why Tuyet did what she did.

“She (Tuyết) had a stable job and a happy family life, but I don't understand why she would commit such a scam. We also want to compensate Ms. TH in some way, but we are both old, our income is unstable, and now we have to take care of two grandchildren, so we don't know what to do to compensate the victim's family,” Mr. XT shared.

Right at the trial, Ms. Tuyet confessed to all her crimes. Tuyet admitted to participating in...online buying and sellingHaving suffered losses on the Fastshop app on his phone, he came up with a way to earn money to recoup his investment.

It is known that, in early August 2023, Vo Thi Tuyet began participating in online sales through an application called Fastshop installed on her phone. Through that application, Tuyet followed the instructions and paid an initial fee to join the group. After transferring money multiple times, completing tasks, and receiving immediate interest payments, Tuyet trusted the scheme and continued to participate. However, to recover her initial investment, victims like Tuyet were asked to transfer even larger sums of money. By the time the victims discovered they had been scammed, all the money had disappeared.

Of the nearly 4 billion VND that Tuyet embezzled from Ms. TH, besides personal expenses and debt repayment, Tuyet transferred approximately 2.9 billion VND into the Fastshop app. Upon Tuyet's detention, investigators accessed the app, but it was no longer operational. Further investigation revealed that the money Tuyet transferred to the app's account had been continuously transferred through numerous accounts and to many different locations, making it impossible to determine the source of the funds for recovery.

At the trial, the panel of judges also clarified the actions of Ms. Nguyen Thi B. in signing numerous credit contracts to help Tuyet refinance loans over a period of four days. However, because Ms. B. was unaware that Tuyet was refinancing the loans to obtain fraudulent money and Ms. B. did not benefit at all, there was no basis for prosecution.

Regarding the more than 34 million VND that Tuyet transferred to Ms. TH, Tuyet claimed it was the interest on over 3.7 billion VND from a loan refinancing transaction, with an interest rate of 3,000 VND per 1 million VND per day. However, since there was no documentation between the two parties, Ms. TH was not prosecuted for this act.

The prosecutor, exercising the right to prosecute in court, maintained the same stance as in the indictment and proposed a sentence of 16-17 years imprisonment for the defendant Vo Thi Tuyet for the crime of "Fraudulent appropriation of property".

After a comprehensive review of the case, the Judging Panel determined that the defendant's actions were extremely dangerous, causing severe harm to the victim's family and disrupting social order and security. Considering the aggravating and mitigating circumstances, the Judging Panel decided to sentence the defendant Vo Thi Tuyet to 15 years in prison for the crime of "Fraudulent appropriation of property" and ordered her to compensate the victim with the amount stipulated by law.