Mobilizing high interest deposits, appropriating nearly 40 billion VND

(Baonghean.vn) - Using the trick of calling on people to deposit money with high interest rates, from 2009 until now, Nguyen Thi Thao has lured nearly 500 people in Con Cuong district and surrounding areas to deposit money and gold for her and appropriated nearly 40 billion VND.

In August 2016, the Investigation Police Agency of Con Cuong District Police received a number of complaints from the public regarding the fraud and appropriation of property by Ms. Nguyen Thi Thao (born in 1959), residing in Block 6, Con Cuong Town. In the following days, consecutive complaints were sent to Con Cuong District Police with similar content.

The Criminal Investigation Agency of Con Cuong District Police read the arrest warrant and searched the house of suspect Nguyen Thi Thao.

Conducting investigation and verification, after consolidating documents and evidence, on December 23, Con Cuong District Police issued a decision to prosecute the case, prosecute the accused, and temporarily detain Nguyen Thi Thao.

As the owner of a large enterprise in the district, Nguyen Thi Thao called on people to deposit money with her at high interest rates, from 1-2%/month, and to be able to withdraw money whenever needed. The money delivery receipt was stamped with the Hung Thao Gold and Silver - Motorcycle Enterprise to increase persuasiveness.

Using the above trick, from 2009 to now, Nguyen Thi Thao has lured many people, including people in neighboring districts such as Anh Son and Do Luong, to deposit money and gold for her. The Investigation Police Agency of Con Cuong District Police has identified 483 victims, with the total value of money and gold stolen reaching nearly 40 billion VND.

Currently, the case is under further investigation./.

Huu Thanh