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2 clusters · 13 sources · 1 days · First seen · Last updated

Investment fraud prosecution in Da Nang

Overview

In Da Nang, authorities have initiated a criminal case and prosecuted Tran Thi My Hanh for “fraudulent appropriation of assets.”

Investigations indicate that beginning in July 2025, Hanh targeted personal acquaintances by providing false information regarding investment opportunities in wholesale, liquidated, and household goods. She reportedly used social media imagery to fabricate profit margins and utilized a scheme where funds from new investors were used to pay principal and profits to earlier participants to build trust.

In reality, no legitimate business activities occurred, and the misappropriated funds—estimated to exceed 15.4 billion VND from three victims—were used for personal expenses, debt repayment, and paying previous investors. The Da Nang Police Investigation Agency is seeking additional victims or organizations who may have transferred funds to her.

Entities

Công an thành phố Đà Nẵng · Dang Quoc Vu · Huynh Thi Phong · Guangzhou · Da Nang Police

Timeline

  1. [CRIME] 13 sources
    Vietnam police crack down on human trafficking, data theft, and public disorder

    Vietnamese authorities have arrested numerous suspects in various criminal cases, including a human trafficking ring in Da Nang that rescued eight girls and a major personal data theft operation in Đắk Lắk.

  2. [CRIME] 2 sources
    Guangzhou police prevent 10.8 billion VND investment fraud

    Guangzhou police prevented an investment scam after a woman attempted to withdraw 2.8 million NDT in savings to fund a fraudulent online investment scheme.

Sources

afamily.vn · baochinhphu.vn · baolaocai.vn · baoquangninh.vn · cafebiz.vn · cafef.vn · doanhnghiephoinhap.vn · nhandan.vn · soha.vn · thanhnien.vn · thoibaonganhang.vn · tienphong.vn · vtv.vn