Calling on friends to contribute capital to do business to appropriate, 'profit' is 15 years in prison
(Baonghean.vn) - On May 17, Nghe An Provincial People's Court held the first instance trial of defendant Dang Quang Thinh (born 1997), residing in Thai Son commune, Do Luong district, for the crime of "Fraudulent appropriation of property".
In 2021, Thinh worked at his sister's company specializing in trading clothes, cosmetics, and electronic cigarettes from China to Vietnam.
However, due to his passion for online gambling, Thinh fell into debt and had to quit his job.
Desperate, Thinh planned a scam. Through friends, Thinh met PDB (born in 1989), residing in Nghi An commune, Vinh city.
Thinh told Mr. B. that many people had placed orders for electronic cigarettes and cosmetic bottles and asked him to contribute capital to import goods from China to sell.
He gave information that for each successful investment, the initial investment capital could bring in a profit of 10%, Thinh would take 7 parts, Mr. B would take 3 parts.
Trusting Thinh, from June 15, 2023 to August 31, 2023, Mr. B. invested in 13 orders according to the information Thinh provided with a total amount of more than 6.1 billion VND.
Thinh used the investment money to pay the principal and profit to Mr. B. (totaling more than 4.2 billion VND), the rest was used for gambling, debt repayment, and personal expenses.
When he could not pay Mr. B.'s investment and was asked to pay the debt by the victim, Thinh gave reasons such as defective orders and that he used drugs, so he was arrested by the police to delay the payment.
Mr. B. filed a complaint against Thinh's actions with the investigation agency. On November 1, 2023, Dang Quang Thinh was arrested. The authorities determined that Thinh must bear criminal responsibility for the amount of more than 1.8 billion VND that he had appropriated from Mr. B.
At the trial, defendant Dang Quang Thinh admitted to the crime as charged in the indictment.
Considering the case as a whole, the People's Court sentenced Dang Quang Thinh to 15 years in prison and ordered him to compensate the victim for the amount of money he had embezzled.
