Former chairman of the board of directors of a credit fund was arrested for fraud
Tra Vinh Provincial Police have just arrested two suspects, the former chairman of the board of directors and a credit fund employee, for fraud and property appropriation.
On March 21, the Investigation Police Department of Tra Vinh Province prosecuted and temporarily detained Nhan Thanh Trung (42 years old) and Tang Van Vu (43 years old), both residing in Tra Cu district, for the crime of "Fraudulent appropriation of property".
According to the initial investigation results, in 2017, in his role as Chairman of the Board of Directors and Director of Dai An Credit Fund, Mr. Nhan Thanh Trung took advantage of his assigned position and tasks to monitor and grasp personal information and assets of customers transacting at the credit fund.
At that time, Mr. Trung was financially unbalanced, so he asked Tang Vinh Quang, a credit officer, to get information from some customers to create 6 credit contracts and mortgage assets.
Defendant Trung was accused of forging the signatures of these people, signing documents, creating trust so that the leaders and employees of Dai An credit fund believed that the borrowers were real, and carried out approvals and disbursements to appropriate the disbursed money. Mr. Trung was determined to have caused a loss of more than 873 million VND to Dai An credit fund.
As for the defendant Tang Van Vu, from 2015 to 2017, he was a credit officer at Dai An Credit Fund. Due to financial imbalance, defendant Vu took advantage of his position and assigned tasks to obtain personal information and assets of 18 customers who borrowed and deposited money at the credit fund to create 46 credit contracts.
According to the police, defendant Vu created a fake mortgage contract, directly forged the signature of the customer on the loan file, created trust so that the leaders and employees of Dai An credit fund believed that the borrower was real, approved and disbursed the loan to appropriate the disbursed money, causing a loss of more than 9.5 billion VND.