Authorities busted a 'case fixing' ring involved in a 67 trillion VND money laundering case.

On December 24th, the Da Nang City Police announced that the Economic Police Department had dismantled a bribery and bribery brokering ring.fraud and misappropriation of property.

The investigating agency has initiated legal proceedings and temporarily detained five individuals: Dam Hong Hung (residing in Ho Chi Minh City) for the crime of giving bribes; Nguyen Ta Hien (residing in Ho Chi Minh City), Luu Tran Hien (residing in Ha Tinh province), and Hoang Van Dung (residing in Da Nang) all for the crime of brokering bribes; and Tran The Anh (residing in Da Nang) for the crime of fraud and appropriation of property.

The investigation determined that the suspects colluded to fraudulently obtain over 1 billion VND to "fix" a case for a defendant in the 67,000 billion VND money laundering ring being handled by the Economic Police Department of Da Nang City.

However, Tran The Anh took advantage of people's trust, providing false information about his ability to "intervene" and "influence" authorities to resolve the case in a way that benefited the defendant, and then misappropriated the entire sum of money.

The police have seized evidence and documents proving the criminal activities of this group.

Previously, VietNamNet reported that on November 28, the Economic Police Department of Da Nang City Police prosecuted 33 defendants in a ring involved in money laundering, cross-border fraud, and document forgery connected to cybercrime gangs in Cambodia.

The police have determined that the money laundering operation by the group involved amounted to over 67,000 billion VND, 43 million USD, 1.5 million Euro, and 1 million CAD.

During the search, authorities froze over 1,000 accounts; seized approximately 100 billion VND; confiscated 2 plots of land; seized 15 stamp engraving machines, printers, computers, 500 fake seals and stamp images; nearly 100 fake citizen identification cards and blank citizen identification cards, along with 1,200 pages of business registration documents.

Through investigation, the police determined that the suspects colluded with bank employees, using forged documents to open more than 1,000 "ghost" business accounts and purchase approximately 10,000 personal accounts that were not registered in their names.

This accounting system was then transferred to gangs in Cambodia for use in fraud and money laundering activities.

Initially, the police recorded dozens of fraud cases occurring in many localities such as Da Nang, Hanoi, Ho Chi Minh City, Can Tho, Hung Yen, Lang Son, Quang Ngai... Many victims were defrauded of large sums of money, with one person losing up to 12 billion VND.