In the second phase of the Van Thinh Phat case, the investigative agency has uncovered illicit financial activities abroad, involving over 106 trillion VND (equivalent to $4.5 billion) orchestrated by Truong My Lan and other individuals.

Victims of the billion-dollar Van Thinh Phat bond fraud case are urging authorities to expedite the investigation since they face financial ruin.

In the second phase of the Van Thinh Phat case, the Investigation Agency has undertaken extensive measures to freeze, seize, and temporarily detain a substantial amount of assets linked to Truong My Lan and other defendants.

The police have recommended prosecuting convicted property tycoon Truong My Lan and 33 others for fraudulent appropriation of assets, money laundering and illegal cross-border currency trafficking, the ministry released on June 5.

The Ministry of Public Security (MPS) on June 1 revealed investigation results of the cases at the Phuc Son Group JSC and Thuan An Group JSC.

The police are searching for Dang Tat Thang, former Chairman and CEO of Bamboo Airways, after receiving allegations of rights infringement against him.

Police are continuing to urge victims to come forward and provide any relevant information and documents in a VNĐ30 trillion (US$1.18 billion) bond fraud case, part of what is considered the largest financial scandal in Vietnam’s history.

The People's Procuracy on May 16 proposed the court reject appeals for reduced sentences from former Health Minister Nguyen Thanh Long and General Director of Viet A Technologies JSC Phan Quoc Viet in the Viet A case.

The Ministry of Public Security is urging victims who bought bonds from Van Thinh Phat Group and three affiliated companies to provide information and documents to aid the ongoing investigation into a massive fraud scheme.

The High People's Court in Hanoi will hear the appeals of former Minister of Health Nguyen Thanh Long and 10 other defendants in the COVID-19 test kit fraud that occurred at Viet A Technologies JSC.

A number of officials have been arrested and charged for involvement in the case of Thuan An Group, which won a bid worth VND18 trillion within only two years.

Prosecutor General of the Supreme People's Procuracy Le Minh Tri has reported to the National Assembly on the work of the procuracy sector from October 1, 2023 to March 31, 2024.

Several businesses linked to Van Thinh Phat Group are grappling with a huge debt burden amounting to VND52.4 trillion, the Ministry of Finance said.

The investigation into the case at Phuc Son Group JSC will be expanded, Spokesman of the Ministry of Public Security Lt. Gen. To An Xo affirmed on April 3.

Police are seeking individuals who were victims of a bond fraud case involving property developer Van Thinh Phat, which involves the illegal issuance and trading of bonds worth over VND30 trillion (US$1.24 billion).

Le Thanh Than, chairman of Muong Thanh Group is set to stand trial on August 10 for “deceiving customers”, according to a decision issued by Hanoi People’s Court.

The Traffic Police Department under the Ministry of Public Security yesterday hold a conference related to motor vehicle inspection activities following the proposal of the Ministry of Transport.