Police break up Cambodia-based scam ring behind VND250bln fraud
VOV.VN - Vietnamese police have dismantled a Cambodia-based online fraud ring that allegedly stole more than VND250 billion (about US$9.6 million) from around 500 victims across the country, arresting 12 suspects in a coordinated operation.
According to Ninh Binh Provincial Police, investigators identified Nguyen Van Cuong, 28, and Nguyen Van Phuong, 34, both from Bac Ninh Province, as the alleged leaders of the criminal network.
The group recruited Vietnamese nationals to travel to Cambodia, where they were assigned specialised roles in carrying out online fraud schemes targeting victims throughout Vietnam.
They employed multiple scam tactics, including impersonating police officers, prosecutors, judges, bank employees and tax officials. They also created fake websites and mobile applications to gain victims' trust.
Other schemes included fake online job recruitment, fraudulent investment opportunities involving stocks and cryptocurrencies, romance scams, and the hijacking of social media accounts to solicit money from victims' contacts.
The network also allegedly posed as military officers or government officials to place large fake orders with businesses and retailers. After establishing credibility, the suspects persuaded victims to purchase goods or transfer deposits to designated bank accounts before disappearing with the money.
On June 23, Ninh Binh Provincial Police, working with the Ministry of Public Security and police forces from several localities, carried out coordinated raids and arrested 12 people believed to be involved in the operation.
During the searches, officers seized cash, a car, mobile phones, computers, documents, jewelry and other items serving the investigation.
The arrestees admitted during questioning that, since October 2024, they had targeted around 500 victims nationwide and fraudulently obtained more than VND250 billion.
Based on the evidence collected, investigators have prosecuted the case, filed charges against six persons and placed them in pre-trial detention on allegations of fraud, while applying other legal measures to the remaining six as the investigation continues.
Police have formally charged six suspects with fraudulent appropriation of property and placed them in pre-trial detention. The remaining six are subject to ongoing legal proceedings as investigators continue to determine their roles in the case.
Police said the investigation is continuing, with efforts underway to identify additional suspects and freeze assets in order to recover losses for victims.
Police uncover US$90 mln cyber fraud ring operating across borders
VOV.VN - Police in northern Cao Bang province have dismantled a large transnational cyber fraud ring that allegedly swindled more than VND2.3 trillion (about US$90 million), arresting dozens of suspects after a months-long investigation.
