Nghe An: Former female deputy head of bank department defrauds over 47 billion VND.
Facing business losses and debts, Nguyen Thi Kieu Nga, Deputy Head of Retail Customer Management at a major bank, used fraudulent tactics to swindle and embezzle over 47 billion VND from numerous victims.
On April 26, the People's Court of Nghe An province held a first-instance trial to hear the case against defendant Nguyen Thi Kieu Nga (41 years old), residing in Ha Huy Tap ward, Vinh City, for the crime of "Fraudulent appropriation of property".
Nguyen Thi Kieu Nga was formerly the Deputy Head of the Retail Customer Management Department at a major bank in the province.
Since 2022, due to business losses and inability to repay debts, Nga conceived the idea of defrauding and misappropriating assets from many people.
The bank employee's tactic was to provide false information about a loan to verify account balances and demonstrate financial stability for Nga's husband's company.
In addition, Nguyen Thi Kieu Nga also provided information about falsifying bank documents to fraudulently obtain loans from many people.
Using these tactics, in a short period of time, Nga defrauded four victims in Nghe An province of a total of over 47 billion VND. One victim, trusting Nga, had lent her money multiple times. The total amount Nga defrauded from this victim was nearly 24 billion VND.
After repeatedly trying to collect the debt without success, the victims filed a complaint against Nga with the police. On August 2, 2023, Nguyen Thi Kieu Nga was arrested and detained by the investigative police agency of Nghe An province.
Standing before the witness stand, the defendant admitted to the crimes as charged in the indictment. Nga confessed that due to business losses, she had fraudulently borrowed money from one person to pay another.
When questioned by the court about the debts, the defendant stated that due to speculative real estate investments in Phu Quoc, he had been defrauded of tens of billions of dong. However, he could not provide any legal documents to prove that he had been scammed.
At the trial, the defendant apologized to the victims and asked the court to consider mitigating circumstances and reduce his sentence.
After a comprehensive review of the case, the panel of judges sentenced the defendant Nguyen Thi Kieu Nga to life imprisonment for the crime of fraud and appropriation of property. Regarding the civil aspect, the court ordered the defendant to return the stolen money to the victims.
