Breaking up a large-scale counterfeit money ring

Buying hundreds of millions of counterfeit 200,000 VND bills from China, Oanh brought them to the Central region to resell to contacts. In Onh's network, there was a subject in Quynh Luu (Nghe An).

On the morning of June 1, Quang Nam Provincial Police announced the destruction of a large-scale counterfeit money trading, transportation and storage ring.

According to Colonel Huynh Trung Nguyen, Deputy Director of the Provincial Police, in mid-May, based on a tip-off from the people, Thang Binh District Police arrested two brothers, Dao Van Can (27 years old) and Dao Van Ninh (35 years old, both residing in Phu Binh District, Thai Nguyen) while they were selling counterfeit money at the market. Searching the two suspects, the police seized more than 100 counterfeit bills worth 200,000 VND.

Chu Thi Oanh when arrested. Photo: CA

Can said that in early May, he went to Dak Lak to look for a job. Here, Can met fellow countrymen Nguyen Van Tuan (35 years old) and Nguyen Van Hoa (48 years old, Bac Ninh city, Bac Ninh province). Hoa then invited Can to join the counterfeit money distribution ring with a 50/50 profit sharing ratio. After consuming 20 million VND of counterfeit money in markets in Dak Lak and bringing it back to share half with Hoa, seeing that it was easy to make a profit, Can invited his brother Ninh to bring the "goods" to Quang Nam to deceive.

By buying high-value items and placing real bills on the outside to avoid detection, Can and Ninh quickly sold a lot of counterfeit money in markets in Thang Binh. However, some merchants later discovered the situation and reported it to the police.

Realizing that this network was large-scale, Quang Nam Provincial Police expanded the investigation and arrested Hoa, Tuan, Dinh Thi Tuyet (32 years old, residing in Quynh Luu, Nghe An), Nguyen Thi Nguyet (34 years old, residing in Phu Binh, Thai Nguyen), and Chu Thi Oanh (47 years old, Cao Bang City, Cao Bang Province). Oanh is believed to be the ringleader of the network.

Oanh bought 200 million counterfeit bills from China for 25 million VND. Photo: CA

Colonel Nguyen said that Oanh was pardoned on September 2, 2015, after being sentenced to four years in prison for trading in counterfeit money. When arrested, police seized VND200 million in counterfeit money worth VND200,000.

The woman said that she had recently bought this amount of money from a woman named A Ming in China for 25 million VND. She was arrested while carrying the counterfeit money to the Central region to deliver to Hoa and his accomplices. Of the 7 suspects, 3 were HIV positive.

Searching the 7 suspects and handing them over to the merchants, the police seized more than 1,200 counterfeit bills worth 200,000 VND. Authorities believe that there is still a large amount of counterfeit money circulating on the market that cannot be recovered.

Quang Nam police call on people to provide information related to this line. Contact phone number 0985.007.775, meet Colonel Duong Tan Bo, Head of the Security Investigation Department.

The incident is being clarified.

According to Vnexpress