How is illegal trading of bank account information handled?
(Baonghean.vn) - Recently, many illegal trading lines of bank account information have been dismantled by the authorities. So, what are the penalties for this behavior?, asked Mr. NTP in Quy Hop.
Reply:
Article 291 of the 2015 Penal Code stipulates the Crime of illegally collecting, storing, exchanging, buying, selling, and publicizing information about bank accounts, as follows:
1. Anyone who illegally collects, stores, exchanges, buys, sells, or publicly discloses information about other people's bank accounts in the number of 20 to less than 50 accounts or illegally gains from VND 20,000,000 to less than VND 50,000,000, shall be subject to a fine of VND 20,000,000 to VND 100,000,000 or non-custodial reform for up to 03 years.
2. Committing a crime in one of the following cases shall be subject to a fine of from VND 100,000,000 to VND 200,000,000 or imprisonment from 03 months to 02 years:
a) Illegally collecting, storing, exchanging, buying, selling, or publicizing information about other people's bank accounts in numbers from 50 to less than 200 accounts;
b) Organized;
c) Professional in nature;
d) Illegal profits from VND 50,000,000 to under VND 200,000,000;
d) Dangerous recidivism.
3. Committing a crime in one of the following cases shall be subject to a fine of from VND 200,000,000 to VND 500,000,000 or imprisonment from 02 years to 07 years:
a) Illegally collecting, storing, exchanging, buying, selling, or publicizing information about other people's bank accounts with a quantity of 200 accounts or more;
b) Illegal profits of VND 200,000,000 or more.
4. The offender may also be fined from VND 10,000,000 to VND 50,000,000, banned from holding positions, practicing a profession or doing certain jobs from 01 to 05 years, or have part or all of his/her property confiscated.
