Dak Lak police prosecute two for illegal bank account trading

The Dak Lak Provincial Police have initiated a criminal case regarding the illegal collection and trading of bank account information. Two suspects, identified as N. T. X and N. T. M, have been prosecuted and placed under house arrest.

Investigations revealed that N. T. X used social media to facilitate the trade, purchasing SIM cards to register bank accounts and selling login credentials to unknown individuals for 1.5 million VND per account per month. N. T. X subsequently recruited N. T. M into the scheme. N. T. M obtained accounts through relatives and purchased information from six others for 1 million VND per account per month to resell to N. T. X.

Between February and June 2024, N. T. M traded information for 25 accounts belonging to eight people, while N. T. X traded information for 50 accounts belonging to 13 people. Authorities warned that criminals often use social media to solicit the renting, borrowing, or purchasing of bank accounts, often offering small payments in exchange for access.