Truong Ngoc Anh's debt story before being arrested

(NLDO)- Before being arrested, actress Truong Ngoc Anh had to sell her assets to pay off debt and was also accused of "not paying debt".

Truong Ngoc Anh was sued by the City Theater for debt.

Truong Ngoc Anh is passionate about many projects

On the evening of October 31, the internet was shaken by the arrest of actress Truong Ngoc Anh for the act of abusing trust to appropriate property at Dat Rong Real Estate Company Limited.

Accordingly, Truong Ngoc Anh and another person used their own names to buy the land at a price lower than the contract price, inflating the project value to appropriate the difference. Anh was also accused of illegally withdrawing money, making false accounting entries and financial reports to conceal the appropriation.

A year ago, actress Truong Ngoc Anh was sued. Accordingly, the Ho Chi Minh City Center for Performing Arts and Cinema sued TNA Entertainment for delaying payment of the fee for organizing the Ceremony Welcome – Hello Miss Earth 2023 event taking place on December 3, 2023 at the City Theater, 342.3 million VND.

By the end of October 2024, TNA Entertainment had paid off this debt.

Actress Truong Ngoc Anh once shared that when she was working on an event, another company also owed her team nearly 30 billion VND. Actress Truong Ngoc Anh herself even publicly denounced and demanded debt from the partner on her personal page.

In fact, when organizing an event, especially a large event like an international beauty pageant, it is normal for expenses to be delayed. Because expenses are often taken from sponsorship to cover. But when sponsorship money arrives late or the sponsor "turns around" at the last minute, leaving the investor unable to handle it, this is a common occurrence.

"We may have to go to court to resolve this issue soon. I have done my best to facilitate them, even allowing them to pay 100 million VND/time for 10-15 years. I don't want to drag each other to court, but sometimes we have to be fair. My colleagues and I have been "scratching and peeling" for a long time, even selling assets to pay off debts. The money is sweat and tears, I was ready to give them half, allowing them to pay the rest later. However, they did not show goodwill" - Truong Ngoc Anh once shared.

Truong Ngoc Anh is not as rich as people think.

Truong Ngoc Anh affirms that she is not as rich as people think.

Truong Ngoc Anh confirmed that she is not as rich as everyone thinks, but lives a simple life. After the incident, she said her reputation was greatly affected.

"Last year, I lost a lot, from my reputation to my savings. Everything happened too fast, too dangerous. Thanks to the trust and support of suppliers and partners, I overcame that extremely difficult period.

I was very stressed because I was afraid of losing my "Trust". I always kept my "Trust" in my life, even many times openly kept my "Trust" for others. When everything was over, I found it interesting, learned many good lessons, and considered it as growing up from the fall" - Truong Ngoc Anh shared with the media.

Truong Ngoc Anh is passionate about her masterpiece, inviting superstars to Vietnam.

Truong Ngoc Anh is also a passionate film producer. She has carried out many film projects with huge investments. In recent days, Truong Ngoc Anh has been busy preparing for the ambitious project Huong Ga 2.
In addition to the Vietnamese cast, many international stars were also invited to participate in the project Huong Ga 2. Sources said that she also invited Han Lue (actor Sung Kang) from the blockbuster Fast and Furious to participate. Sung Kang (Korean name is Kang Sung-Ho; born in 1972) is a Korean-American actor. He is best known for his role as Han Lue in 5 parts of the Fast & Furious series.
And in his new project, there is not only one superstar Han Lue. Sources say that many other action stars, action directors, famous Hollywood directors have been invited. Many people believe that this product will be Truong Ngoc Anh's masterpiece of her life.

Truong Ngoc Anh is passionate about cinema

Regarding the case of Dat Rong Real Estate Company Limited, according to the Ministry of Public Security , this is a company established in 2007 with Truong Ngoc Anh as Director and legal representative. During its operation, Anh called on Mr. Pham (Irish nationality) to contribute a total of 9.1 million USD (more than 149 billion VND) to carry out two real estate projects, including the Indochine building project at 112 Nguyen Thi Minh Khai, District 3 (old). For this project alone, Mr. Pham transferred 4.49 million USD, equivalent to 72 billion VND.

According to the investment contract signed on January 25, 2008, the ownership of the Indochine project must belong to Dat Rong Company, with a total value of 12,917.7 taels of gold. However, the verification results show that, right before the contract signing, Truong Ngoc Anh and Mr. Nguyen (61 years old) personally bought the land from four households for only 7,917.3 taels of gold. Of this amount, Anh only paid 3,000 taels of gold, but the company's books recorded that 4,458 taels had been spent, showing signs of fraud and inflating the project value to appropriate the difference.

Notably, in December 2007, the Ho Chi Minh City People's Committee decided to reclaim the land to expand Le Quy Don High School, and pay more than 26.1 billion VND in compensation to the households. Afterwards, the entire amount was returned to Anh and Mr. Nguyen by the households. However, Anh only transferred 3 billion VND to the company and to the investor, while the remaining 10 billion VND was used for personal purposes, without being reported or accounted for.

In addition, during the course of running the business, Anh was also accused of abusing his authority as a legal representative, illegally withdrawing money from the company's account, and directing the preparation of fake accounting entries and financial reports to conceal the act of property appropriation.

Source: https://nld.com.vn/chuyen-no-nan-cua-truong-ngoc-anh-truoc-khi-bi-bat-19625110107531657.htm