fraud

Update news fraud

The Ministry of Public Security has announced that recently fraudulent activities to appropriate property have become more complicated and sophisticated, especially frauds on the cyber space.

High-tech police bust virtual investment fraud ring

Police have raided an online foreign exchange investment company for allegedly appropriating property of hundreds of thousands of participants.

Central bank, police officials warn against investment in forex trading floors

Officials from the State Bank of Vietnam (SBV) and the Ministry of Public Security have warned that investment in foreign exchange (forex) trading floors is extremely risky and not protected by the country's law.

Prime Minister calls for enhancing efforts to root out fraud

Recent cases of fraud to misappropriate people’s property have caused public concern in sectors including finance, banking, real estate, multi-level trading and e-commerce, with cyber fraud in particular on the rise.

Security experts ask internet users to better protect themselves

Truong Quynh Mai was terrified when she received a phone call saying she had been a victim of fraud in Ha Noi and needed to go to the local police station.

 

VN customs authority reaffirms standard for mask export

Vietnam Customs has reaffirmed it only handles procedures for exporting medical face masks with the State’s permission.

Prime Minister orders intensifying fight against crime, smuggling, fraud

Prime Minister Nguyen Xuan Phuc requested that breakthroughs be made in 2020 in the fight against crime, smuggling and trade fraud at a national conference on January 2.

Former general director arrested for fraud

Police in the southern province of Khanh Hoa have launched criminal proceedings against the former general director of Song Da Nha Trang JSC.

Hanoi leader gets shock at Saint Paul Hospital’s HIV testing scandal

Deputy Head of the Hanoi Party Committee’s Commission for Culture and Ideology Pham Thanh Hoc yesterday said that the case that medical workers of Saint Paul Hospital cut HIV and hepatitis B testing strips in half for trial is very serious.

 

Vietnam tightens supervision on foreign investment to prevent origin frauds

A number of foreign-invested firms have falsely labeled their products as originating from Vietnam to avoid trade safeguard instruments amid the US-China trade war.

VN central bank proposes account freezes to tackle fraud

The State Bank of Viet Nam (SBV) has proposed freezing the accounts of those suspected of committing the fraud.

 

Anti-smuggling watchdog calls for tighter control over C/O issuance

The Anti-Smuggling and Investigation Department has called on the Ministry of Industry and Trade and the Vietnam Chamber of Commerce and Industry to strengthen management over the issuance of certificates of origin to curb fraud.

HCMC-based Alibaba real estate company leaders arrested for fraud

Police in Ho Chi Minh City on September 18 arrested chairman and director of Alibaba real estate company for fraud.

Agriculture tackles African swine fever subsidy fraud

The Ministry of Agriculture and Rural Development (MARD) has instructed localities hit by African swine fever (ASF) to detect whether there has been fraud designed to take advantage of the Government's financial support for farmers

Lance Armstrong settles $100m US government lawsuit for $5m

 Lance Armstrong has agreed to pay $5m (£3.5m) to the US government to settle a long-running lawsuit that could have cost him $100m (£71m) in damages.

Disciplinary action proposed against senior officials

The Party Central Committee’s Inspection Commission is proposing disciplinary action against some top leaders of southern Dong Nai Province and the Central Highlands’ Dak Lak Province for their violations 

Following fraud, wary banks allow customers to check accounts online

 VietNamNet Bridge – Following the alleged misappropriation of VND245 billion (US$10.78 million) from an Eximbank customer’s account, many banks are now enabling their customers to check their accounts online.

Can Tho court sentences four to prison for fraud

The People’s Court in Mekong Delta’s Can Tho City sentenced one foreigner and three Vietnamese to prison for cheating 37 people of some VND5.3 billion (US$235,500) via social network Facebook.

Trial of seven fishery, bank officials accused of $44m in fraud begins

The Ca Mau Provincial People’s Court on Monday began the trial of seven people in the fisheries and banking sector for allegedly defrauding the government of more than VND1 trillion (US$44 million).

Ha Noi police probe Chinese nationals for fraud

 The Ha Noi police have launched an investigation into two Chinese nationals for allegedly illegally appropriating assets in Viet Nam.