Prosecuted a director in Thai Hoa town for using fake documents to defraud and appropriate property

Accordingly, from May 2024 to present, through the work of grasping the situation, Thai Hoa Town Police have grasped information that in the town, there have been a number of subjects pretending to be business owners and company directors to call on people to contribute capital to invest in business cooperation, however, they did not clearly state the information of the business, company and type of business.

Realizing that there were many suspicious signs, Thai Hoa Town Police focused on checking, investigating and verifying. Collecting the available documents, the police agency determined that Nguyen Trong Phu (born in 1977), residing in Quang Tien Ward, Thai Hoa Town, had complicated activities and many unclear manifestations. Under the direction of the Provincial Police leaders, Thai Hoa Town Police established a special project and focused on fighting.

Using synchronous professional measures, after a period of collecting documents and evidence, on September 19, 2024, the Town Police successfully broke the case, arrested, prosecuted, and detained Nguyen Trong Phu for the crimes of "Using fake documents of agencies and organizations" and "Fraudulent appropriation of property".

Accordingly, Nguyen Trong Phu had a previous conviction for "Fraudulent appropriation of property" and was sentenced to 12 years in prison. After completing his prison term, Phu established the Golden Lotus Trading and Service Company Limited in Thai Hoa town, with Phu as director. The company specializes in wholesaling cars, motorcycles, motorbikes, etc.

In June 2023, Phu signed a mortgage contract for a car registered under his name to Toyota Vietnam Finance Company Limited for more than 600 million VND. During the mortgage contract, the finance company retained the car registration certificate and only gave Phu a mortgage receipt. However, because he did not have the original car registration certificate, in February 2024, Phu went on Facebook to find out and contacted a person (unknown background) to order a fake car registration certificate for 400,000 VND for use when necessary.

In early May 2024, due to the company's business losses, because he needed money to solve work and personal expenses, Phu defrauded and appropriated the property of Ms. NTT (born in 1999), residing in Nghia Loc commune, Nghia Dan district, by means of mortgaging her personal car. At the time Nguyen Trong Phu mortgaged the car for the victim, the car had already been mortgaged to someone else, and at the same time, the subject also used a fake registration to gain Ms. T's trust. Initially, it was proven that the amount of money that Nguyen Trong Phu appropriated from Ms. T. was 300 million VND.

In addition, the Investigation Agency of Thai Hoa Town Police is continuing to expand the investigation of Nguyen Trong Phu, who has signs of the crime of "Fraudulent appropriation of property" by means of capital mobilization with an amount of up to more than 20 billion VND for more than 20 victims in many districts in the province. Accordingly, the subject called on people in Thai Hoa Town and the districts of Nghia Dan and Quynh Luu to contribute capital with high interest rates. In the first few months, the subject sent money to the contributors very fully and on time, however, in the following months, the subject used the excuse that the company was not profitable and had not yet disbursed the capital, to delay sending or not sending money.

The case is currently under investigation and will be handled according to the law.