Bank employee swindled money for gambling, sentenced to 15 years in prison
Nam participated in online gambling and lost more than 1 billion VND. In July 2023, to have money to continue gambling online, Nam came up with the idea of appropriating money from those who lent him money.
On April 22, An Giang Provincial People's Court held a first-instance trial of the criminal case against defendant Vo Hoai Nam (born 1991), residing in My Khanh commune, Long Xuyen city, An Giang, for the crime of "Fraudulent appropriation of property".
According to the indictment, in April 2022, Nam worked at a joint stock commercial bank, An Giang branch, and was assigned the task of a credit officer, often preparing bank maturity documents for many customers. When the bank maturity date came, many customers did not have money, so they borrowed from Nam and Nam borrowed from many other people to earn interest.
Nam borrowed money from relatives and co-workers at the bank, ranging from 100 million VND to 2 billion VND, and then lent it to customers to complete bank maturity procedures. From April 2022 to July 2023, those who lent Nam money were paid back in full.
During this time, Nam also participated in online gambling, losing more than 1 billion VND. In July 2023, to have money to continue gambling online, Nam came up with the idea of appropriating money from people who lent him money. Nam provided false information that he urgently needed money to lend to others or that his family needed to borrow money to pay off a bank loan, and Nam promised to pay back the money immediately after the bank disbursed it. Nam borrowed 5,095,000,000 VND from 7 people (relatives and people working at the same bank with Nam), with an interest rate of 0.3 - 0.5%/day.
Because the victims believed it was true, they transferred 5,095,000,000 VND to many bank accounts under Nam's name. After receiving the money from the victims, Nam continued to gamble online and lost 4,795,000,000 VND. Nam paid off the remaining 300,000,000 VND and used it for personal purposes.
Because the debt repayment deadline came, the victims could not contact Nam, and knowing that Nam had deceived them, they went to the police to report. On September 7, 2023, Nam turned himself in to the An Giang Provincial Police Department. On September 15, 2023, Nam was prosecuted for investigation.
At the end of the trial, the People's Court of An Giang province sentenced defendant Vo Hoai Nam to 15 years in prison and ordered defendant Nam to return the money he had embezzled to the victims.
