Female scammer defrauds numerous people of 47 billion VND.

According to the investigation's conclusions, Dao defrauded seven individuals of 47 billion VND and borrowed 42 billion VND from many others for personal use.

On August 15th, the Office of the Criminal Investigation Agency of the Dak Nong Provincial Police announced that it had forwarded the investigation conclusion to the People's Procuracy of the same level, recommending the prosecution of defendant Nguyen Thi Hong Dao (born in 1990, residing in Dak Wer commune, Dak R'lấp district, Dak Nong province) for the crime of fraud and appropriation of property. Simultaneously, it recommended the prosecution of four other defendants for the crime of usury in civil transactions.

The police are serving the procedural decisions to Dao.

According to the investigation, Dao borrowed money from many people at high interest rates to conduct business. However, her business suffered losses, leaving her heavily indebted. To maintain her business and pay interest, from September 2020 to September 2022, Dao provided false information, claiming she was involved in refinancing bank loans; that she had relationships and business partnerships in real estate with many high-ranking officials and needed to raise capital for her business… Dao offered high interest rates and profits to deceive others into lending her money. To build trust, Dao forged messages exchanged with bank officials regarding borrowing money to refinance loans for others…

The suspect, Dao, defrauded 7 individuals of 47 billion VND and borrowed 42 billion VND from many people.

After borrowing the money, Dao used it to repay debts in a revolving manner, borrowing from one person to pay off the principal and interest to another, and for personal expenses. As a result, Dao's debt increased many times over.

According to the investigation, Dao defrauded and misappropriated nearly 47 billion VND from 7 individuals. In addition, Dao also owes money to 28 other individuals totaling over 42 billion VND.

During the investigation, the Criminal Investigation Agency clarified that four individuals in Dak R'lap district lent Dao a total of 5.7 billion VND at interest rates ranging from 100.26% to 200.75% per year, resulting in illicit profits totaling nearly 1.2 billion VND.

MAI CUONG

Source: https://www.sggp.org.vn/nu-quai-lua-dao-47-ty-dong-cua-nhieu-nguoi-post754237.html