Jewelry firm employee jailed in Vietnam for stealing 3 kg of gold

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A Ho Chi Minh City court Friday sentenced a goldsmith to 15 years in jail for stealing more than three kilograms of gold from his employer Phu Nhuan Jewelry Company.

Bui Minh Ky, 29, stole the gold while making jewels for the renowned jewelry company, known commonly by its acronym PNJ, news website VnExpress reported.

He would get gold for making jewels, and he had to return whatever was left over after he finished working. But, taking advantage of lax oversight, he started stealing in October last year. His crime was only discovered after a year-end audit.

In all he stole more than VND3.76 billion (US$180,500) worth of gold based on current prices.

Ky, who was working for PNJ since 2009, said he had gambled away everything he stole.

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