Former deputy head of bank department defrauds tens of billions of VND.
Having suffered business losses, Nguyen Thi KN, Deputy Head of Retail Customer Management at a major bank with a branch in Nghe An, defrauded and misappropriated over 47 billion VND. She lied, claiming she needed the money to refinance bank loans, but in reality, she used it to pay off debts and for personal expenses.
On January 6th, the Nghe An Provincial People's Court held a first-instance trial to hear the case against defendant Nguyen Thi KN (born in 1984), residing in Ha Huy Tap ward, Vinh City, for the crime of "Fraudulent appropriation of property.
Nguyen Thi KN was formerly the Deputy Head of the Retail Customer Management Department at a echo The company has a branch in Nghe An.
According to the indictment, since 2022, due to business losses and inability to repay debts, Nga conceived the idea of defrauding and misappropriating assets from many people.
This bank employee provided false information about loan applications to verify account balances and demonstrate financial stability for N.'s husband's private company; and used fraudulent loan agreements to reach more people. For each customer, N. promised attractive interest rates and short-term loans.
Using the above methods, N. defrauded and misappropriated a total of over 47 billion VND from 4 victims. The victim who was defrauded the most was Ms. Duong Thi TL (born in 1978, residing in Vinh City) with nearly 24 billion VND.
After failing to collect the debt, the victims filed a complaint against N. with the police. On August 2, 2023, Nguyen Thi KN was arrested and detained by the police.
At the trial, the defendant admitted to the crimes as charged in the indictment. The defendant stated that due to business losses, he had fraudulently borrowed money from one person to pay another. He admitted that his claim to the victims that he borrowed money to refinance bank loans was false.
When questioned by the court about his debts, the defendant stated that he had previously engaged in real estate speculation in Phu Quoc and other locations. During this period, he claimed to have been defrauded of tens of billions of dong. However, he provided no evidence to support this claim.
The victims who attended the trial demanded that the defendant return the money to them. At this point, the defendant promised to try to influence his relatives and family to compensate the victims for the damages.
After a day of trial, the panel of judges decided to adjourn the proceedings to further verify the information the defendant claimed to have paid money to one of the victims.