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[SITUATION] · [ACTIVE] · [CRIME]

2 clusters · 6 sources · 5 days · First seen · Last updated

Ho Chi Minh City fraud investigations

Overview

Authorities in Ho Chi Minh City are conducting multiple investigations into large scale financial crimes.

In one case, police expanded an investigation into a tax evasion and illegal invoice trading ring. Investigators identified Le Van Hien as the alleged mastermind of an operation that reportedly used 326 shell companies to issue over 178,000 fraudulent invoices to more than 17,000 businesses. The total value of goods and services recorded on these invoices reached 18,328 billion VND.

In a separate investigation, police detained 14 foreign nationals, including 13 Chinese citizens and one Moroccan national, suspected of operating a fraudulent virtual stock exchange. The group allegedly used sophisticated scripts and social media to recruit victims, directing them to transfer funds via QR codes to controlled bank accounts. Authorities seized various technological devices and documents used to facilitate the suspected cybercrime.

Entities

Ho Chi Minh City Police · Everich 3 Residential Area · Thai Hung Company · Tan My Ward · Le Van Hien

Timeline

  1. [CRIME] 5 sources
    Ho Chi Minh City police detain 14 foreigners for suspected stock fraud

    Police in Ho Chi Minh City detained 14 foreigners suspected of running a virtual stock fraud scheme using fake platforms and WhatsApp to deceive investors.

  2. [CRIME] 2 sources
    Ho Chi Minh City police investigate massive fake invoice ring

    Ho Chi Minh City police have expanded a tax evasion probe involving 326 shell companies and 37 defendants, involving nearly 20 trillion VND in fraudulent invoices.

Sources

cafebiz.vn · cafef.vn · doanhnghiephoinhap.vn · kenh14.vn · thanhnien.vn · tienphong.vn