$65mn online gambling ring busted in Vietnam
Thursday, June 17, 2021, 11:45 GMT+7
Police in Vietnam have broken up a large-scale online gambling ring which had processed transactions topping VND1.5 trillion (US$65 million).
The Ministry of Public Security confirmed on Wednesday that it had coordinated with the Department of Public Security in Hanoi to bust the illegal racket.
Eighteen teams of officers previously searched 18 locations and worked with 17 suspects involved in the case.
They confiscated VND3.35 billion ($144,500) worth of cash, three automobiles, dozens of tablets and mobile phones, and documents related to the operation of online gambling activities.
A police investigation showed that the ring had operated since early 2020, processing transactions totaling more than VND1.5 trillion ($65 million).
They ran the bong88.com website, whose server is based in the United States.
The site operated in several languages, including Vietnamese.
The website offered a variety of gambling activities, including sports betting, lottery, and casino games.
Aside from organizing gambling, the racket also showed signs of usury.
Further investigation is ongoing.
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