(PLO) – Ngoc exposed himself as Deputy Director of 24H CREDIT Company, fraudulently appropriating 53 motorbikes with a total value of more than 700 million VND from dozens of victims.
On November 29, the People’s Court of Tra Vinh province held a first instance trial, sentencing defendant Kim Thai Ngoc (24 years old) to 12 years in prison and Hua Huynh Minh Nhung (28 years old, residing in Duyen Hai district, Tra Vinh province) to seven years in prison. crime of fraudulent appropriation of property.
According to the indictment, from January 2021 to May 2021, Ngoc described himself as Deputy Director of 24H CREDIT Company looking for people to borrow money to defraud. Ngoc and Nhuong require borrowers to mortgage assets in the form of going to motorbike shops to make loan contracts with financial companies to buy in installments and then hand over the vehicle to 24H CREDIT company to manage as an asset. loan guarantee.
The two defendants also lied that the borrower only needed to pay the company’s loan amount, but for the installment loan to buy a motorbike, Ngoc was responsible for paying the borrower. In addition, Ngoc looks for someone to buy a new motorbike in his name at car shops in the form of installment purchases and deliver the bike back to the company to receive a commission.
With these tricks, Ngoc and Nhung appropriated 53 cars of dozens of victims for more than 700 million VND.
(PLO)- Two women in Phu Yen province pretended to be bank employees, calling customers to trick them into providing information and OTP codes and then buying scratch cards and selling them for profit.
HAI DUONG – PHAM HOA
