https://baohaiduong.vn/en/rua-tien-hon-162-ty-dong-3-doi-tuong-nguoi-dai-loan-trung-quoc-vao-tu-407435.html

The People's Court of Hai Duong province has just held a first-instance trial of five defendants on charges of illegally storing bank account information and 'money laundering'.

According to the indictment, from December 2023 to April 12, 2024, in Hai Duong and several other provinces and cities, Hoang Dinh Hien (born in 1999, residing in Binh Xuyen commune, Binh Giang) bought 132 bank accounts of 38 people and sold them to Nguyen Van Hau (born in 1993, residing in Luong Tai commune, Van Lam district, Hung Yen).

After that, Hau assigned 3 Taiwanese subjects (China) including: Tai Ching Yu (born in 1996), Lin Xin Ying (born in 2001) and Wang Pei De (born in 1999) to manage and use. The subjects rented room 802 Green Pearl Apartment, Kha Le area, Vo Cuong ward, Bac Ninh city.

These three subjects received a total of 6.5 million USD transferred from foreign accounts, converted into Vietnamese currency of more than 162.6 billion VND. The subjects used more than 160 billion VND to buy digital cryptocurrency, transferred it through electronic wallets to withdraw it abroad. This act aimed to transform the origin of money from crime.

The remaining amount of more than 2 billion VND that the subjects had not yet transferred to buy digital cryptocurrency was discovered and stopped by the Investigation Police Agency (Hai Duong Provincial Police). In this case, the defendants all played the role of executors.

The jury sentenced Tai Ching Yu, Lin Xin Ying and Wang Pei De to 14 years in prison each for illegally possessing bank account information and 'money laundering'.

Sentenced Nguyen Van Hau and Hoang Dinh Hien to 1 year and 3 months in prison for illegally buying and selling bank account information.