Police from Vietnam and China rescued a Hanoi businessman on Tuesday after he was kidnapped and held for a US$322,800 ransom.
The 39-year-old director of an agricultural produce business, identified only as N.T.A., , was abducted after he traveled to Nanning, China, on February 17 with an assistant for business.
His family received a phone call from China the next day demanding that two million Yuan be transferred to a provided bank account.
But the kidnappers cut the connection on February 27 after the family had provided nearly a third of the ransom.
Interpol was also informed of the case. Chinese police have arrested 15 local suspects.
Hanoi police over the past week also received two reports of extortion from abroad.
One victim, whose son lives in Germany, received a call from there demanding that he clear his son’s debt of VND700 million ($33,200). He only contacted his son and found out it was a lie after paying VND44 million.
Another person lost VND200 million to a similar scam.
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