JavaScript is off. Please enable to view full site.

Vietnam police smash gambling racket worth over $1.3bn

Vietnam police smash gambling racket worth over $1.3bn

Thursday, November 04, 2021, 15:14 GMT+7
Vietnam police smash gambling racket worth over $1.3bn
Police officers search the house of Do Ngoc Ha in Hanoi in this supplied photo.

Vietnam’s Ministry of Public Security has broken up a massive online gambling ring whose transactions totaled more than VND30 trillion (US$1.3 billion).

The gambling racket was run by Do Ngoc Ha, 37, from Long Bien District, Hanoi, officers confirmed on Wednesday.

Ha was previously convicted of gambling in the capital city and several other provinces.

Aside from Ha, police also arrested Bui Hoang Son, 33, and 15 other suspects, all of whom reside in Hanoi, for gambling and organizing gambling.

Preliminary information showed that Ha and Son began learning how to gamble and organize online gambling with a focus on Baccarat – a form of casino card game – in December 2020.

The two then established a website to act as an intermediary between users and a foreign gambling server.

They put the website into operation in early January and advertised it on social media platforms to attract gamblers.

Exhibits are confiscated from Do Ngoc Ha’s house in this supplied photo.

Exhibits are confiscated from Do Ngoc Ha’s house in Hanoi in this supplied photo.

Gamblers had to create an account and purchase crypto currencies to play and win.

Ha and Son changed the name of the website in April and expanded their operation by recruiting new members and organizing events to mobilize financial investment.

They even offered gamblers insurance packages to boost their credibility.

Police investigation showed that approximately 3,000 accounts had been created, while transactions since April were valued at over VND30 trillion.

After searching the suspects’ houses, officers confiscated 12 cars, nine computers, over VND1.7 billion ($74,700), and 104 taels of gold. (One tael = 37.5 grams)

Further investigation is ongoing.

Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!

Tuoi Tre News


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

Latest news