Updated  
June, 12 2012 10:16:08

Plaza man arrested for deception

BAC NINH — The chief executive officer of the Bac Ninh – based An Son Plaza Co Ltd has been arrested for allegedly deceptive acts after months of hiding, the provincial police said yesterday.

The man, Nguyen Luong Tuan, was accused of selling his office's leased land without legal permission, mortgaging the land to the Viet Nam Bank for Agriculture and Rural Development for a loan without paying it or the interest by the due date, and signing a contract of stock transfers which he failed to implement.

Tuan had allegedly taken nearly VND80 billion (US$3.8 million) from his victims, run away from his province, and become a wanted fugitive before he was recently captured by the police. — VNS

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