On November 26, the Department of Cyber Security and High-Tech Crime Prevention, Da Nang City Police announced that it had successfully dismantled a fraud ring that appropriated assets through cryptocurrency investment. This is a sophisticated network operating in cyberspace, attracting thousands of investors with a disguised multi-level scheme, appropriating tens of billions of dong. Da Nang City Police arrested 14 related subjects, seized many documents, equipment and froze assets to serve the investigation.
Accordingly, implementing the direction of Major General Nguyen Huu Hop, Director of Da Nang City Police, the Cyber Security and High-Tech Crime Prevention force has focused on reviewing and handling fraudsters and property appropriators in cyberspace through virtual currency investments.
Initial investigation results determined: Since the end of 2020, Nguyen The Duy (44 years old, residing in Hoa Tien commune) and Nguyen Pham Phu Thoa (41 years old, residing in Hai Van ward, Da Nang city) had the idea of creating a "ghost" project called TOSI to appropriate assets. The group hired programmers to create the TOSI cryptocurrency on the Binance Smart Chain platform, then built a series of websites such as tsijp.jp, tsibank.ai, tsigh.ai to attract investors to participate.
Duy and Thoa hired Duong Quang Hai (41 years old, residing in Hoa Khanh ward, Da Nang city) to build and operate the entire technical system. In particular, the subjects programmed the function of attaching personal e-wallets to the system, so that when users made transactions, money was transferred directly to the subjects' wallets instead of the public wallet or the trading floor.
To conceal their fraudulent nature, the group spread the news that TOSI coins were issued by a Japanese corporation, preparing to be listed on the Binance exchange, and at the same time built investment packages with unusually high interest rates, from 3% to 22%, paying rewards according to a multi-level model. When there were no more new participants, the subjects simultaneously closed the website, citing "maintenance", "hacked attack", then created a new project to continue the fraud.
To expand their scale, Duy and Thoa collaborated with Duong Thanh Ky (41 years old, residing in Hai Van ward, Da Nang) to set up the YouTube channel "TOSI VIETNAM", produced false promotional videos, livestreamed on social networks, organized seminars, and tours to meet investors in many provinces and cities. At the same time, the group recruited leaders in many localities to attract participants, forming a widespread multi-level system.
The Da Nang City Police Investigation Agency determined that from 2021 to now, the group has implemented 3 consecutive fraud projects, appropriating a total of about 90 billion VND from more than 8,000 victims nationwide.
During the search and investigation, the police seized 11 laptops, 16 mobile phones of various types; more than 20GB of project source code data and about 1,000 pages of related documents.
In addition, the Da Nang City Police force also froze more than 1.1 billion VND in bank accounts; nearly 100,000 USDT (cryptocurrency representing USD) in virtual wallets and many other related real estates...
The case is being further investigated and handled.
Source: https://nhandan.vn/cong-an-da-nang-triet-pha-du-an-tien-ao-ma-lua-dao-chiem-doat-gan-90-ty-dong-post925934.html
Comment (0)