Da Nang police have initiated legal proceedings against Tran Thi Thien, 43, from An Hai Ward, for allegedly illegally transporting money across the border.
Vietnam detective service agency, She has been barred from leaving her residence during the investigation.
The case came to light in July, when police inspected a house on Vu Mong Nguyen Street in Ngu Hanh Son Ward where two South Korean nationals were staying under suspicious circumstances.
Investigators identified one of them as M.S.G., 54, who allegedly facilitated money transfers and exchanges between South Korea and Vietnam.
G. reportedly used several bank accounts held by Vietnamese nationals in South Korea – Vietnamese Investigators.
The equivalent amounts in Vietnamese dong were then collected by Thien in Vietnam and handed to G. in Da Nang.
To conceal the operation, the group allegedly split transactions into smaller amounts and moved funds through multiple accounts in both countries.
They also combined bank transfers with cash handovers and communicated via KakaoTalk, exchanging screenshots of transfer orders to verify each transaction.
In May, Thien allegedly converted and transferred more than KRW24 million to G. Since the beginning of the year, the group’s transactions have reportedly exceeded VND10 billion.
Danang detective, Police are continuing to trace the flow of money and identify others involved.