Huynh Thi Phuong Kieu, 52 years old, was detained by the Police of Vinh Long Province, Vietnam.
This person is being investigated for fraudulent appropriation of property, according to Article 174 of the Penal Code.
According to the initial investigation, Kieu borrowed money many times from women living in the same locality, paying principal and interest on time, to build trust.
Kieu gave false information “working as a bank maturity loan” to continue borrowing large amounts of money from this person.
Over the past 4 years, the woman has transferred a total of 29.4 billion VND to Kieu many times.
Kieu used the borrowed money to pay interest on previous loans. Kieu spends money on personal expenses and paying off other debts.
The case is continuing to be investigated.
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