Female bank employee embezzles nearly 6 billion VND to invest in cryptocurrency.
Thanh claimed he needed money to repay a bank loan, so he borrowed nearly 6 billion VND from Ms. K and Mr. N, which he then invested in cryptocurrency but lost, leading to his arrest and detention by the police.
On November 8th, the Criminal Police Department of Da Nang City Police announced the arrest and detention of a female bank employee for fraud and embezzlement through the scheme of borrowing money for loan refinancing and then misappropriating it.
Through investigation, the police determined that Cu Thi Hoai Thanh (31 years old, residing in Lien Chieu district, Da Nang) is an employee of the Commercial Joint Stock Bank (Song Han Branch).
During her time working at the bank, Thanh became acquainted with Ms. Nguyen Thi DK (residing in Da Nang City). From September 2022 to the end of 2023, Thanh repeatedly borrowed money from Ms. K. to process bank loan renewals and repay both principal and interest in full.
However, in November 2023, needing money to pay off debts, Thanh lied, claiming he needed money for a loan to gain Ms. K's trust and borrow 3.35 billion VND.
After receiving the money, Thanh used it to pay off debts and invest in cryptocurrency, but lost it all and became unable to repay the debt.
Furthermore, from May 2023 to July 2023, using similar tactics, Thanh borrowed 2.5 billion VND from Mr. Nguyen Van N. (residing in Da Nang City) and used the money to repay debts and invest in cryptocurrency, losing it all.
Based on the relevant evidence, the Criminal Investigation Agency of the Da Nang City Police has arrested and detained Cu Thi Hoai Thanh on charges of "fraudulent appropriation of property".
To assist in the investigation and expansion of the case, the Investigating Police Agency is notifying anyone who is a victim of Cu Thi Hoai Thanh to contact the Criminal Police Department to report the incident and receive guidance on how to proceed.
