23 foreigners nabbed in Binh Duong for financial fraud

TN News

Email Print

Police in the southern province of Binh Duong Friday announced that they have arrested 23 foreigners alleged to have cheated many people in China and Taiwan.


The gang, led by Tsou Yung Cheng and Hsu Yung Shun, both Chinese, used laptops, telephones and the Internet to pose as police, prosecutors and other agencies in China and Taiwan, police said.


They then called people in China or Taiwan, asking them to transfer money to their bank accounts to deal with fake problems. For instance, they would tell the people that their bank accounts were being used for money laundering and the funds were necessary to deal with the problem, the police said.


Binh Duong police said that the gang, with 12 men and 11 women, were arrested at a house in An Phu Commune Wednesday night.


Another 13 foreigners were arrested in the Mekong Delta province of Can Tho in August and another 99 were taken into custody in Ho Chi Minh City in July also on suspicion of perpetrating similar fraud.


Initial investigations show that the organizations' ringleaders are based in China, Hong Kong, Singapore and other Asian countries, and had been busted by local agencies before entering Vietnam as tourists.


According to Interpol, these types of criminals first appeared in Taiwan several years ago, and they stole hundreds of thousands to a million dollars in each case.

More Society News