
According to investigation documents, around May 2019, Thuong introduced himself as an acquaintance of many bank officials in the province, often standing up to "help" people who borrowed money from banks when the due date did not have enough money to pay to complete loan settlement procedures. Taking advantage of this trick, Thuong borrowed money from many people, then used money from the later lender to pay part of the principal and interest to the people Thuong borrowed from earlier. By June 2022, when he was unable to pay, Thuong fled the locality, appropriating a total of more than 5.4 billion VND from the victims.

To hide, Thuong moved through many localities. Then, he rented a house in Quang Lap commune, Lam Dong province, using the fake name "Phuong" to hide his identity. Using professional measures, the police force determined Thuong's residence and planned to arrest him. On the evening of September 26, 2025, when Thuong left his house, detectives suddenly approached, controlled and arrested him.
The subject has been transferred to the Provincial Police Detention Center to serve the investigation and handling according to the provisions of law.
Source: https://baolamdong.vn/lam-dong-bat-doi-tuong-chiem-doat-hon-5-4-ty-dong-tu-ngan-hang-393811.html
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