Da Nang police dismantle massive money‑laundering network involving 97 suspects

Da Nang public security officials expanded a money‑laundering investigation that uncovered transactions exceeding VND 67 000 trillion (about US$43 million, €1.5 million and CAD 1 million). The case has led to the indictment of 97 individuals on charges that include fraud, cyber‑theft, money laundering, illegal bank‑account information trading, and document forgery.

Two bank employees – L.T.S. (born 1994, Hung Yên) and N.A.T. (born 1989, Hanoi) – were prosecuted for facilitating the scheme by opening illegal “ghost” corporate and personal accounts. One was detained, the other placed under a residence‑restriction order.

Police seized more than 1 000 bank accounts, roughly VND 100 billion in cash, and a cache of equipment such as stamp‑making tools, forged IDs and documents. The investigation, carried out under Prime Ministerial Decision 1139/QD‑TTg (June 26 2026) on national anti‑money‑laundering action, remains ongoing, with authorities urging banks to tighten AML training and internal controls.