On March 15, the Dong Nai Provincial Police announced that they had successfully cracked a major investigation known as Case 1025H, targeting a large-scale illegal invoice trading ring operating across multiple provinces and cities.

Authorities previously detected a major value-added tax invoice trading network operating in an organized and inter-provincial manner. The group used sophisticated methods and had been active for a long period. The provincial Economic Police Division launched a special investigation to dismantle the network.

After a period of investigation, police simultaneously carried out enforcement operations on March 13.

Initial findings identified the suspects involved in the ring as Doan Nguyen Thai Hang, Nguyen Thi Hoai Thuong, Ngo Duc A, Tran Cong Hoa, Nguyen Thi My Ngoc, Bui Thi Hau, Huynh Thanh Khoa, Le Thi Oanh and Tran Thi Thu Thuy.

According to investigators, the suspects established more than 60 shell companies to issue fraudulent value-added tax invoices. The group illegally traded more than 10,000 invoices with a total recorded value exceeding VND6 trillion (US$246 million).

The Economic Police Division of the Dong Nai Provincial Police has initiated criminal proceedings, filed charges against the suspects and placed nine individuals in pre-trial detention while the investigation continues and expands.

Hoang Anh