Dismantling a group that opened 20,000 bank accounts each month to commit fraud
The group operated throughout the southern provinces and cities and opened hundreds of thousands of bank accounts, most of which were used for fraudulent purposes.
On April 3, the Department of Cyber Security and High-Tech Crime Prevention - Ministry of Public Security announced that it had just coordinated with the police of the provinces and cities of Phu Yen, Binh Duong, Binh Phuoc, Long An, Tien Giang, Ben Tre... to dismantle a ring specializing in collecting and using personal information to open hundreds of thousands of illegal online bank accounts.
This line simultaneously collects, stores, exchanges,illegal trading of bank account informationin the southern provinces.
The police searched 12 locations, arrested and summoned 41 subjects and seized evidence including: 4 seals, 3 business registration certificates, 70 mobile phones, 12 computers, tens of thousands of online bank accounts, thousands of "junk" phone SIM cards used to open illegal accounts, along with many documents and evidence related to the subjects' criminal activities.
Initial investigation determined that Nguyen Thi Tuyet Nhung (32 years old), Vo Minh Hung (39 years old) and a number of other subjects established Nhung Nguyen Financial Consulting Company Limited and Minh Anh Financial Consulting Company Limited.
These companies have dozens of branches everywhere, mainly in industrial parks and densely populated areas, under the guise of providing free unsecured loan consulting. However, the purpose of the subjects is to open illegal accounts, illegally earning an estimated tens of billions of dong.
On average, each month, these subjects illegally create and release to the market about 20,000 accounts of all kinds, mainly bank accounts and some securities accounts...
When arrested, the subjects confessed that they had been working in the financial sector for many years, taking advantage of preferential policies of many domestic commercial banks and loopholes in management to illegally open and use bank accounts for a long time.
The police agency believes that, with hundreds of thousands of illegally opened online accounts, Nhung Nguyen Company and Minh Anh Company may be assisting subjects and organizations in online fraud and other types of gambling crimes, organizing gambling, money laundering and other illegal acts.
Currently, the Ministry of Public Security is coordinating with provincial and municipal police to expand the investigation.
