Vietnamese police on Thursday arrested three college students for scamming 300 victims out of more than VND2 billion ($86,000) since early 2018 by offering fake online sales promotions.
Le Ngoc Minh Hoang, Pham Thanh Hai, and Luong Thanh Quoc Huy, all aged 20, were taken into custody for appropriating property via the Internet and other electronic means after police uncovered that the trio were accepting payments for low-cost motorcycles on e-commerce websites but refusing to deliver the goods.
Beginning in January, the three students, all from the same hometown in central Vietnam, began advertising the motorcycles and taking phone calls from would-be buyers, officials said.
After making a sale, the scammers would have the victims deposit full or partial payments into bank accounts opened with fake ID cards or purchased from other bank card holders.
Of course, customers never received their motorcycles.
Police officers are expanding their investigation and ask anyone who believes they may have fallen victim to the scam to contact authorities.