Large-Scale Fraud Ring Dismantled in Vietnam with Over 1 Trillion VND in Losses

Police in Vietnam's Quang Ninh Province have dismantled a major fraud network that defrauded thousands of victims of over 1 trillion VND. The operation involved 21 arrested suspects who purchased personal data from Telegram groups and executed various fraud schemes, frequently relocating across provinces to evade detection.

Dismantling of Large-Scale Fraud Network

On September 14, 2026, police in Quang Ninh Province, Vietnam announced the dismantling of a major fraud operation in cooperation with the Ministry of Public Security's Cyber Security and High-Tech Crime Prevention Department. Initial investigations revealed that the network defrauded thousands of victims nationwide of over 1 trillion Vietnamese Dong.

How the Fraud Operated

Personal Data Acquisition

The fraud group purchased personal information from Telegram groups and other online communities. They categorized and analyzed this data to identify and target potential victims through personalized fraud scenarios.

Mobile Operations

Suspects rented apartments, homestays, and residential properties in urban areas and tourist zones. They frequently changed locations and moved across multiple provinces to avoid detection and investigation.

Criminal Charges

The 21 arrested suspects faced multiple charges including: fraud and asset appropriation, unauthorized use of computer networks and telecommunications, money laundering, and illegal trading of bank account information.

Warning Signs to Watch For

Unsolicited Contact: Be cautious when unknown individuals contact you through Telegram, messaging apps, or social media.
Unrealistic Promises: Claims of guaranteed profits, "risk-free" investments, or extremely high returns are classic fraud tactics.
Requests for Sensitive Information: Legitimate organizations never ask for bank account numbers or personal identification through messaging apps.
Pressure and Urgency: Phrases like "decide now or miss this opportunity" are red flags indicating potential fraud.
Multiple Bank Accounts: Requests to open numerous bank accounts or transfer account usage rights are strong indicators of fraud.

Prevention Tips

Protect Personal Information: Avoid sharing personal details in online groups or with unknown individuals.
Verify Through Official Channels: Always confirm any significant financial opportunity with official organizations or trusted contacts before taking action.
Secure Your Bank Accounts: Be vigilant about unauthorized requests to open accounts or allow others to use your accounts.
Document Communications: Save screenshots and message records for potential evidence if fraud occurs.
Use Official Platforms Only: Conduct financial transactions only through verified, official banking platforms.

Where to Report

If you suspect you have been defrauded:

Contact your local police department or Public Security office
Report to the Cyber Security and High-Tech Crime Prevention Department
Notify your bank's customer service department
Use the reporting function on messaging platforms (Telegram, etc.)
File a complaint with Vietnam's Consumer Protection Agency