Lam Dong police arrest man for alleged misappropriation of gold

Lam Dong provincial police have arrested 31-year-old Doan Cong Tinh for allegedly abusing trust to appropriate property. The arrest and a search of his residence took place on November 8, 2026.

According to investigators, in 2024, a couple pawned gold to provide a loan to Tinh, handing over the pawn documents to him to manage interest payments. Tinh allegedly redeemed the gold without authorization and sold it to fund cryptocurrency investments, resulting in total losses.

The victims reported the incident to authorities, leading to an investigation where Tinh reportedly admitted to his actions. Police have determined the misappropriated amount exceeds 300 million VND. The investigation is ongoing.