Man receives life for scamming over 1,000 in poverty alleviation fund

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Tran Duc Trung stands trial in Hanoi for running a scam against more than 1,000 people, August 9, 2022. Photo by VnExpress/Danh Lam

 

Hanoi People’s Court sentenced a man to life imprisonment Tuesday for scamming more than 1,000 people into placing money into a poverty alleviation fund.

 

Tran Duc Trung, former chairman of the Poverty Support Center under Vietnam Association of Agriculture Small and Medium Enterprises, and four accomplices established the "Vietnam Hearts" program in April 2015, calling for high-interest-rate deposits.

 

The program collected around VND148 billion ($6.35 million) from more than 1,000 people in 16 cities and provinces by the end of that year, with the five pocketing more than VND49 billion.

 

Full Story: https://e.vnexpress.net/news/news/man-receives-life-for-scamming-over-1-000-in-poverty-alleviation-fund-4497554.html

 

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