83-year-old 'super swindler' sells project land, embezzles more than 23 billion VND

On the afternoon of October 16, the People's Court of Da Nang City opened a trial and sentenced Dang Huy Bien (born in 1936, residing in Ward 7, Phu Nhuan District, Ho Chi Minh City) to 17 years in prison for fraud and property appropriation; 3 years in prison for using fake seals and documents of agencies and organizations.

According to the indictment, Son Tra - Dien Ngoc Joint Stock Company was granted 91 land use right certificates by the People's Committee of Da Nang City at the Royal Era 1 project (My An ward, Ngu Hanh Son district). This company then sold the land to customers.

Dang Huy Bien in court

Around October 2011, Dang Huy Bien contacted Mr. Huynh Thanh Hoang - Chairman of the Board of Directors of Son Tra - Dien Ngoc Joint Stock Company to negotiate the purchase of 29 land lots in the project, with a total contract value of more than 456 billion VND.

Mr. Hoang gave Bien a file including a land use rights transfer contract, a detailed list of land lots, and a sample of the company's unsigned deposit receipt for Bien's reference. At the same time, it was agreed that Bien had to pay nearly 317 billion VND in deposit to expedite the contract signing procedure.

However, Bien did not have the money to pay, so the above transaction could not be carried out. Son Tra - Dien Ngoc Company repeatedly asked Bien to return the related documents, but Bien did not return them.

Then, Bien provided information that he was granted a certificate of land use rights, house use rights and assets attached to land for 48 lots in the Royal Era 1 project for sale.

This defendant used fake documents such as land transfer contracts, deposit receipts... signed between Bien and Mr. Huynh Thanh Hoang to create trust for potential buyers.

Believing the introduction, Mr. Le Minh Hoang and Hoang Xuan Sau had more than 23 billion VND in deposit stolen by Bien.