At the court (Source: VNA) Phu Tho (VNA) – The northern province of PhuTho’s Procuracy announced an indictment involving 92 defendants in a majoronline gambling circle on November 12.
Accordingly, they were charged with “using the internet toappropriate assets”, “organising gambling”, “gambling”, “illegally tradinginvoices”, “laundering money”, and “abusing position and power while performingduties”.
According to the indictment, Hoang Thanh Trung, 40, aresident in Hanoi’s Hoang Mai district, met then Chairman of the VTC Onlinecompany’s Board of Directors Phan Sao Nam in order to discuss developing anonline gambling system.
In early 2015, Nam met with Nguyen Van Duong, then Chairmanof the Members Council of the High-tech Security Development and Investment company(CNC) to propose developing online gambling software and gave Duong a summaryof an online game project for consideration.
Duong later agreed with the project and they reached aconsensus that if monthly revenue tops 5 billion VND (217,000 USD), CNC willenjoy 30 percent of profit and VTC Online 70 percent. If the revenue is between5-15 billion VND, CNC will receive 35 percent and VTC Online 65 percent.
There were a total of 54 games using virtual money called “Rik”on the portal, Rikvip.
In order to legalise the thousands of trillions of VNDacquired via the gambling organisation, Nam and Duong used a variety of methodsto launder money.
Specifically, Duong laundered more than 329 billion VND bysending it to the Urban Infrastructure Development Investment Corporation(UDIC) for transfer to the Bac Giang-Lang Son BOT company. Duong was alsoChairman of the UDIC Board of Directors at the time.
Both Nam and Duong face charges of “organising gambling” and“laundering money”.
Former General Director of the Ministry of Public Security(MoPS)’s General Police Department Phan Van Vinh and former Director of theMoPS’s High-tech Crime Police Department Nguyen Thanh Hoa were prosecuted for “abusingposition and power while performing duties”, an offence that has the maximumpenalty of 15 years in prison.
During the 28 months of operating technologies and software withcard games such as Rikvip/Tip.club, 23Zdo, and Zon/Pen, the games’ operatorsconnected with multiple services and provided companies with a system of 25tier-1 outlets and 5,877 tier-2 outlets to convert game scores into real-world currencyand vice versa.
They attracted more than 42.95 million online accounts andearned nearly 10 trillion VND (428.3 million USD) from users sent to theillegal gambling organisation. –VNA
Accordingly, they were charged with “using the internet toappropriate assets”, “organising gambling”, “gambling”, “illegally tradinginvoices”, “laundering money”, and “abusing position and power while performingduties”.
According to the indictment, Hoang Thanh Trung, 40, aresident in Hanoi’s Hoang Mai district, met then Chairman of the VTC Onlinecompany’s Board of Directors Phan Sao Nam in order to discuss developing anonline gambling system.
In early 2015, Nam met with Nguyen Van Duong, then Chairmanof the Members Council of the High-tech Security Development and Investment company(CNC) to propose developing online gambling software and gave Duong a summaryof an online game project for consideration.
Duong later agreed with the project and they reached aconsensus that if monthly revenue tops 5 billion VND (217,000 USD), CNC willenjoy 30 percent of profit and VTC Online 70 percent. If the revenue is between5-15 billion VND, CNC will receive 35 percent and VTC Online 65 percent.
There were a total of 54 games using virtual money called “Rik”on the portal, Rikvip.
In order to legalise the thousands of trillions of VNDacquired via the gambling organisation, Nam and Duong used a variety of methodsto launder money.
Specifically, Duong laundered more than 329 billion VND bysending it to the Urban Infrastructure Development Investment Corporation(UDIC) for transfer to the Bac Giang-Lang Son BOT company. Duong was alsoChairman of the UDIC Board of Directors at the time.
Both Nam and Duong face charges of “organising gambling” and“laundering money”.
Former General Director of the Ministry of Public Security(MoPS)’s General Police Department Phan Van Vinh and former Director of theMoPS’s High-tech Crime Police Department Nguyen Thanh Hoa were prosecuted for “abusingposition and power while performing duties”, an offence that has the maximumpenalty of 15 years in prison.
During the 28 months of operating technologies and software withcard games such as Rikvip/Tip.club, 23Zdo, and Zon/Pen, the games’ operatorsconnected with multiple services and provided companies with a system of 25tier-1 outlets and 5,877 tier-2 outlets to convert game scores into real-world currencyand vice versa.
They attracted more than 42.95 million online accounts andearned nearly 10 trillion VND (428.3 million USD) from users sent to theillegal gambling organisation. –VNA
VNA
