After seven online transactions, the man was shocked to realize that 2.3 billion VND had been stolen.
The police's professional units are investigating a fraud case that appropriated 2.3 billion VND by exchanging electronic money (USDT) on e-wallets.
On May 3, the Criminal Police Department of Quang Ninh Province Police said that it had received a crime report from Mong Cai City Police following a complaint from Mr. P., residing in Mong Cai City, who accused an online scammer of appropriating 2.3 billion VND from him through the form of exchanging electronic money (USDT) for Vietnamese currency on an electronic wallet.
Immediately after receiving the above case, the Criminal Police Department promptly took verification measures according to the provisions of law.
Initial investigation results determined that on April 13, because he needed to exchange Vietnamese currency for USDT (a cryptocurrency, 1USDT = 1USD) for transactions, Mr. P. accessed social networks to look for someone to exchange money.
Here, Mr. P. saw an account posting pictures with content about exchanging USDT, so he added the account to discuss the exchange rate and money transfer method, specifically: The subject will transfer USDT to Mr. P.'s e-wallet, take a photo of the money transfer bill and send it to Mr. P., then Mr. P. will transfer Vietnamese Dong to the bank account that the subject specified.
After agreeing on the money exchange, Mr. P. and the subject made 7 money exchange transactions. The subject edited the money transfer bill to send to Mr. P., causing Mr. P. to transfer a total of 2.3 billion VND to the subject.
After that, Mr. P. checked his e-wallet account and discovered that the amount of money received in the above money exchanges did not match the amount in the bills that the subject had sent to Mr. P. At this time, Mr. P. called to ask but the subject blocked his call.
Realizing that the above case has signs of the crime of Fraudulent appropriation of property, the Criminal Police Department has initiated a criminal case to conduct investigation measures and identify the subjects in the case.