JavaScript is off. Please enable to view full site.

Two held for forging PM’s signature in $4.7 mn swindle

Two held for forging PM’s signature in $4.7 mn swindle

Thursday, November 13, 2014, 17:02 GMT+7

Two men in Hanoi are in police custody after they were caught counterfeiting documents and forging the signature of Prime Minister Nguyen Tan Dung to swindle many people out of nearly US$4.7 million. 

>> Singaporean man raises fund to support Vietnamese victim cheated by local store

Police in Hanoi’s Hoang Mai District on Tuesday arrested Tran Ngoc Quyet, 61, who is unemployed, and Phan Ngoc Thuc, 43, director of Hanoi-based Bach Diep Co., Ltd., on charges of “appropriating property by swindling” pursuant to Article 130 of the Penal Code. Quyet and Thuc had carried out cons targeting investors in different parts of the country, police said.

By pretending to be wealthy and of high station, the two men bought four cars to travel around and contact their potential victims.

According to their own arrangement, Quyet specialized in various forged materials, seals and signatures; while Thuc travelled to various provinces and cities to look for public projects funded by government capital.

After selecting appropriate projects, the pair worked to meet investors and claim to be senior government officials by showing forged documents with fake signatures by Prime Minister Dung.

For example, Quyet told his victims that he was the head of the management board of the government’s projects, while Thuc claimed to be an official in charge of capital disbursement for the projects.

While contacting the investors, Quyet and Thuc suggested they pay money under the table in exchange for expedited capital disbursement.

They also asked for bribes from contractors on the projects.

Through these methods they successfully cheated many investors and contractors, and the total amount they appropriated from their victims may be as high as VND

Tuoi Tre

Read more




‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Vietnamese youngster travels back in time with clay miniatures

Each work is a scene caught by Dung and kept in his memories through his journeys across Vietnam

Latest news