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Tran Van Luat at the court in Hanoi for Bitcoin fraud, March 1, 2022. Photo by VnExpress/Song Minh

 

A Hanoi court sentenced a man to 15 years in prison Tuesday for swindling two people out of VND5 billion ($219,000) by offering to sell them Bitcoin at a discount.

 

Tran Van Luat, 29, of the northern Bac Giang Province was found guilty of "fraudulent appropriation of assets."

 

In 2019 he claimed to be an employee of a Bitcoin trading firm in Hanoi and offered to sell to Nguyen Viet Anh, 29, and Ly Chan Nam, 42, of Ho Chi Minh City the cryptocurrency at a 7 percent discount to the market price.

 

Full Story: https://e.vnexpress.net/news/news/man-jailed-for-2019-bitcoin-fraud-4433719.html

 

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-- © Copyright VN Express 2022-03-02

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