Officers from the Cyber Security and High-tech Crime Prevention and Control Division of the Da Nang Police Department have arrested two suspects for “illegally collecting, storing, exchanging, trading, and disclosing information about other people's bank accounts” as inscribed in in Clause 2, Article 291 of the Penal Code.

The Da Nang police institute legal proceedings against Nguyen Thi Anh (right). Photo: L.H

The suspects, Le Thi Binh and Nguyen Thi Anh, are the natives of Dak Lak Province, temporarily residing in Da Nang.

According to the investigation of the competent force, Anh was acquainted with Binh through social networks. After that, Anh instructed Binh how to open bank accounts and sell them to Anh for VND 700,000 /account/ month. 

Wanting to have money for personal spending, Binh opened nine other bank accounts in her name and handed all of them over to Anh at the previously- agreed prices.

Next, Binh also had 10 more people open a total of 56 other bank accounts for 400,000 VND/account/ month, then sold them to Anh, thus earning an illegal profit of VND16.8 million.

Upon her reception of the bank accounts from Binh, Anh re-sold them to another person for VND1 million/account/month, earning an illegal profit of VND19.5 million.

The Da Nang police prosecute Le Thi Binh (right) for her wrong deeds. Photo: L.H

The fact that individuals illegally trade in bank accounts has created favourable conditions for fraudsters to take advantage of cyberspace and use high technology to illegally appropriate property, causing many difficulties for the police force in the tracing process.

During investigations, the police checked and discovered an amount of VND 1.6 billion in the above-mentioned bank accounts and blocked them immediately. 

Through verifications, the account holders admitted that the money in these bank accounts was not theirs and they had voluntarily withdrawn them for their handover to the police.

Currently, the functional forces are investigating and clarifying the amount of money in the aforementioned bank accounts and those involved in the case.

Reporting by LE HUNG – Translating by A.THU