Hưng Yên Police investigate money laundering linked to cyber fraud

The Hưng Yên Provincial Police, in coordination with the Lào Cai Provincial Police, are investigating a money laundering case involving cyber fraud that occurred between April and June 2026.

Investigators found that several individuals rented out their bank accounts—including those at VietinBank, SHB, and LPBank—to Chinese nationals. These accounts were used to receive funds obtained through fraudulent Facebook livestreams. The scammers promoted fake lottery and scratch card games with massive prizes to lure victims. Once players were convinced they had won, they were pressured to pay deposits or additional fees, after which the scammers blocked all contact and absconded with the money.

Authorities are urging anyone who transferred money into the identified accounts to contact the Lào Cai Provincial Police to provide information and protect their legal rights.