Bank employee creates fake documents to embezzle 91 billion VND.
Taking advantage of his assigned duties at the Transaction Office, the former Head of Customer Relations embezzled over 91 billion VND.
On January 21st, the Ho Chi Minh City Police Investigation Agency announced the conclusion of its investigation and the transfer of the case file to the People's Procuracy, recommending the prosecution of Nguyen Pham Gia Tho (born in 1989; residing in District 8, Ho Chi Minh City) and Nguyen Tuong Vi (born in 1989; Tho's sister-in-law), both for the crime of "Fraudulent appropriation of property".
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| An ANZ Bank branch in Vietnam. |
Taking advantage of his assigned duties and noticing loopholes in ANZ's financial management, Tho conceived the idea of embezzling money from ANZ. Tho forged signatures to register for Internet Banking services of an account holder at the bank, then transferred this customer's money to his relative's account, embezzling 3 billion VND.
In addition to this act, Tho also forged 12 loan applications for 9 customers, then requested the bank to transfer the loan money into jointly owned accounts that he had previously created in fictitious form, in order to withdraw and embezzle 88.3 billion VND.
After misappropriating 91.3 billion VND, Tho gave Vi over 77.6 billion VND to invest in a business.
The investigation revealed that Tho and Vi used nearly 12.5 billion VND to buy houses and cars, and about 1.2 billion VND for personal purposes. According to the Ho Chi Minh City Police, Vi knew that the money Tho gave her was stolen from ANZ Bank, but instead of dissuading him, she provided information and signatures of relatives to help Tho commit the crime.
