A series of police incidents busting a gambling ring caused a stir in public opinion when many major gambling cases worth thousands of billions of dong were discovered and dismantled. These cases are currently of great public interest regarding the organization, operation, and money laundering methods of the gambling ring.
The consequences of these cases are the concern and anxiety, as well as the loss of millions of families facing the loss of money and loved ones when caught up in illegal gambling activities.
Police bust a gambling ring worth 80 billion
In early April 2022, the Criminal Police Department, Ministry of Public Security, in collaboration with the Quang Binh Provincial Police, arrested a gambling case with a total value of 80 billion dong.
It is known that this group of individuals is a level 2 agent in the super gambling ring established in 2018. These individuals act as intermediaries connecting gamblers with betting organizations, earning commissions when they organize bets and collect money from losing players.
The police have summoned and checked the residences of 24 suspects, temporarily detaining 14 individuals. Through investigative techniques, the suspects revealed that these individuals assisted in conducting financial transactions and gambling activities when gamblers wanted to play online betting.
These individuals operated betting through websites such as Agbong88.com, Viva88.net, Va88pro.com,… In this case, the police seized many valuable items, including about 1,000 pages of data, 2 cars, 114 million dong, along with dozens of mobile phones and computers.
Currently, the Quang Binh police are continuing to expand the investigation and handle the case to find additional aggravating circumstances.
Busting the latest massive gambling ring worth 6,000 billion dong
In November 2022, another police operation busted an online gambling ring in Ha Tinh, successfully capturing an organization involved in gambling with a total transaction value of over 6,000 billion dong.
This ring was only a level 1 agent operated by Tran Quang Nam (residing in Quang Binh) and connected with other accomplices in neighboring provinces. This is a super organized and professional football betting ring. It took 2 years of investigation for police officers from Ha Tinh, Quang Binh, and Quang Tri provinces to gather enough evidence to arrest and prosecute.
The main form of betting of this organization is football betting on Agbong and satellite websites. When arrested, the investigating police seized a lot of assets and related documents.
Data shows that the total transaction amount has reached over 6,000 billion dong. This is a relatively new case, so the authorities are still expanding the investigation and prosecuting related individuals.
The new style gambling ring case worth 2,160 billion dong in Quang Ninh
In June 2022, the people of Quang Ninh were shocked by the news that the police busted a gambling ring operating online worth thousands of billions, which was dismantled through the SFX Capital betting platform.
This billion-dollar gambling ring is led by Đào Minh Sáng (born 1984, Hanoi). Supporting Sáng are dozens of accomplices acting as distributors and managing information about the gamblers.
After fighting and extracting data information, the authorities have recorded 18,000 betting accounts in this system. The total transaction amount reached over 90 million USD, equivalent to over 2,160 billion VND.
Police dismantle a massive 2,000 billion gambling ring in Hải Dương
In May 2022, Hải Dương province police successfully dismantled a gambling case involving a betting model on the rise/fall of Bitcoin with a total mobilized amount of nearly 2,000 billion VND.
This betting model is designed sophisticatedly like a stock exchange, leading many people to mistakenly believe it is a legitimate financial trading platform, resulting in many being deceived.
After the investigation, it was discovered that the leader of the ring is Nguyễn Tuấn Anh, born in 1990. Under Tuấn Anh, there are many individuals responsible for connecting and luring many people to participate in betting on Bitcoin charts going up or down. If the bet wins, the player earns 95%, while if they lose, they lose 100% of their stake.
The trend of online betting is becoming increasingly sophisticated, making it difficult for authorities to investigate and handle the associated individuals.
Dismantling the online gambling ring of 18,000 billion by Phan Sào Nam
In 2018, the people of Phú Thọ province were shocked by the news that the police dismantled a billion-dollar gambling ring protected by two former police generals. This case is still under investigation today due to its enormous scale and extremely serious nature.
This ring is operated by Phan Sào Nam (former Chairman of the Board of Directors of VTC Online) and Nguyễn Văn Dương (legal representative of CNC company – a front for important officials in the C50 Department – the Department of Cyber Crime Prevention and Control, Ministry of Public Security).
These two individuals control the online betting ring on the two betting websites RikVIP and Tip.Club. By the time the case was completed, there were about 40 million betting accounts and a total circulating amount of over 18,000 billion VND. Among them, Nam illegally profited 1,475 billion and laundered 548 billion VND.
Phan Sào Nam developed software, established and guided his associates in operations, received data, paid winnings, and reconciled costs for gamblers and online casino owners. Additionally, to legitimize the illegal money, the defendant signed fake contracts and false economic invoices to share profits from the betting organization.
It is known that Phan Sao Nam is a very talented person. Before falling into a life of crime, Nam graduated with a bachelor’s degree in Business Administration from the University of Economics in Ho Chi Minh City and has a degree in Information Technology from South Korea. He was once the Deputy Director of VTC Intercom and the Chairman of the Board of Directors of VTC Online.
Conclusion
The police’s crackdown on illegal online gambling rings in Vietnam has reached nearly 100 trillion VND, causing a stir in public opinion for a long time. The individuals involved are also being arrested and held accountable before the law.
In addition, tens of millions of people have fallen into hardship due to significant losses or being deceived, causing severe repercussions for the country’s economy. Therefore, you should be cautious and thoroughly research information at Vaobo before deciding to hand over money to any organization.
