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[SITUATION] · [QUIET] · [CRIME]

2 clusters · 10 sources · 2 days · First seen · Last updated

Cyber fraud and money laundering rings in Vietnam

Overview

Authorities in Vietnam have dismantled large-scale criminal networks involved in cyber fraud, money laundering, and the illegal sale of personal and bank account data.

In Da Nang, the People's Procuracy has indicted 97 defendants, including leaders Trang Quang Trung, Bùi Trọng Tấn, and Lê Thị Mỹ Duyên, for their roles in a transnational ring facilitating money laundering for criminal organizations in Cambodia. The group allegedly forged documents to establish between 670 and 1,101 “ghost” companies to bypass biometric authentication and open business accounts. These shell entities were used to process suspicious, high-frequency transactions totaling nearly 68 billion VND, alongside over 43.5 million USD, 1.5 million EUR, and 1 million CAD. The defendants face charges including money laundering, forgery, and using computer networks to appropriate property.

In Quang Ninh, police dismantled a separate cybercrime ring estimated to have misappropriated more than 1,000 billion VND. Following an investigation that began in February 2026 after reports from eight citizens regarding losses of 160 million VND, authorities arrested 21 suspects involved in fraud and the illegal sale of personal data. The group reportedly purchased data from Telegram groups to target victims with tailored scam scripts. To evade detection, suspects operated out of rented accommodations, including apartments, homestays, and houses, and moved frequently between provinces. During the operation, police seized 83 mobile phones, 7 computers, 266 million VND in cash, and 3,353.07 USDT.

Entities

Da Nang People's Procuracy · Ministry of Public Security · Bùi Trọng Tấn · Lê Thị Mỹ Duyên · Department of Cybersecurity and High-Tech Crime Prevention

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. 12 days ago

    [CRIME] 9 sources
    Quang Ninh Police dismantle 1,000 billion VND cybercrime ring

    Quang Ninh City Police dismantled a cybercrime ring that misappropriated over 1,000 billion VND from thousands of victims in Vietnam through fraud, money laundering, and illegal data trading.

  2. 14 days ago

    [CRIME] 4 sources
    Da Nang prosecutors indict 97 in transnational money laundering ring

    Da Nang authorities have indicted 97 individuals for a transnational crime ring that used thousands of fake personal and business accounts to launder millions of dollars for criminal groups in Cambodia.

Sources

anninhthudo.vn · baochinhphu.vn · baolaocai.vn · cafebiz.vn · cafef.vn · giadinh.suckhoedoisong.vn · giaoducthoidai.vn · kenh14.vn · soha.vn · thanhnien.vn

This summary has been updated 2 times: see revision history