"Monster woman" used the trick of "borrowing money at high interest rates" to embezzle more than 11 billion VND

On the evening of July 12, the Criminal Police Department of Thua Thien-Hue Province Police announced that the unit had just issued an emergency arrest warrant for Nguyen Thi Bang Tam (43 years old, residing in Phu Thuan Commune, Phu Vang District) for fraud and property appropriation.

Thua Thien-Hue Provincial Police read the emergency arrest warrant for Tam.

According to information from the police, taking advantage of his relationship as a half-sister with Ms. Nguyen Thi H. (residing in Thua Thien-Hue province), Tam told Ms. H. that he knew a foreign doctor to introduce him to help Ms. H.'s daughter settle abroad.

In order to commit fraud, Tam created a fake personal Facebook account pretending to be a foreigner to gain trust from Ms. H's family. Then, from January to November 2016, Tam borrowed more than 1.5 billion VND from Ms. H for personal expenses but was later unable to pay it back.

Upon receiving the complaint, the police investigated and clarified that from 2014 to 2017, by using high interest rate loans, Tam took advantage of his relationships and borrowed more than 11 billion VND from 7 other victims to do business and buy land and houses.

Portrait of the "monster woman" who swindled more than 11 billion VND from many people in Hue.

However, Tam did not use this money for business but used it to pay interest to creditors who had previously borrowed money, and used the remaining money for spending.

Currently, the Criminal Police Department of Thua Thien-Hue Province Police is continuing to expand the case to investigate the fraudulent appropriation of property of Nguyen Thi Bang Tam.