Bank employees falsified loan documents to make a profit.

Two bank employees in Binh Duong colluded to forge numerous loan applications for unqualified customers, receiving a commission of 2 to 3 million VND per contract.

Yesterday, police in Thuan An town (Binh Duong province) arrested Dinh Hoang Tu (25 years old) and Ngo Thanh Tam (26 years old) along with 5 accomplices for the crimes of forging seals and documents of agencies and organizations and defrauding and appropriating property.

Many people have been arrested for falsifying loan documents and committing fraud to misappropriate assets. Photo: Nguyet Trieu

According to the investigation, during their work, the two learned that many people needed to borrow money but did not meet the eligibility requirements, so they offered to help them forge employment contracts, salary confirmation letters, etc.

For each approved loan application, customers have to pay between 2 and 3 million VND, and in some cases, borrowers even have to pay back half of the borrowed amount.

In addition, Tu and Tam were also accused of providing forged documents to their accomplices to purchase two motorcycles and seven expensive mobile phones from electronics supermarkets through installment plans, and then misappropriating the funds.

Along with Tran Thanh Tai (31 years old), five others were arrested for the same offense, accused of helping many people forge various types of documents for bank loans or installment purchases to gain illicit profits.

"From June until now, Tài's group has forged dozens of documents for many people, with some applications being approved for loans of 50 million VND," police said, adding that they seized many forged documents and certificates during searches of the suspects' residences.

According to VNE