Nguyen Van Hung Named in $4M Cyberfraud Bust
Da Nang police have arrested 13 suspects linked to a cross-border cyberfraud operation that allegedly stole nearly $4 million from more than 1,200 victims across Vietnam.
The arrests were made after the suspects re-entered Vietnam from Cambodia. On February 10, the Criminal Police Division of Da Nang Police announced the dismantling of the ring. The suspects have been charged with using computer networks, telecommunications, and electronic means to illegally appropriate assets. Their arrests and indictments were approved by the Da Nang People’s Procuracy.
Key Suspects Identified
Among those arrested are Duong Van Khoi (1992), Pham Tri Nghi (1990), Le Van Linh (2001), Dao Van Huy (1992), and Dao Van Hai (1997), all from Bac Ninh province.
Other individuals under investigation include Dao Minh Chien, Vu Truong Giang, Vu Van Nam, Ha Viet Ly, Ong Thi Nhung, Nguyen Van Bac, Bach Van Long, and Ngo Tri Cong.
Authorities identified Nguyen Van Hung as the alleged mastermind behind the operation. Investigators say he directed a 23-member team operating out of the New World compound in Bavet City, Svay Rieng Province, Cambodia.
How the Scam Worked
According to police, the group began operating in early 2025 by creating fake Vietcombank fanpages. Members used spoofed call centers and VOIP software to impersonate credit card service agents. Victims were told to transfer money as “proof of financial capacity,” after which the scammers cut off contact.
The stolen funds were converted into digital vouchers, gaming cards, and electronics purchased through e-commerce platforms. These goods were then resold to launder and legitimize the money. Cryptocurrency payments were used to further obscure the financial trail.
The operation was divided into specialized teams. One group handled cold-calling victims via fake social media pages. A “verification team” demanded payments through spoofed hotlines. A third team, led by Dao Van Huy and Dao Van Hai in Vietnam, managed the receipt and processing of funds.
Investigators say profits were split 66% to operators based in Cambodia and 34% to handlers in Vietnam.
Authorities estimate the ring defrauded victims of approximately 100 billion VND (about $4 million) between early 2025 and early 2026.
The investigation remains ongoing as police work to identify and apprehend additional members of the syndicate.
