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Former TV icon arrested for swindling money

Update: July, 29/2015 - 12:31
Local police read the detain warrant to Trang for fraudulent appropriation of money. — Photo congannghean.vn

NGHE AN (VNS) — Police in the central province of Nghe An's Do Luong District yesterday temporarily detained Ngo Thi Trang for fraudulent appropriation of money.

Trang, 43, allegedly borrowed VND8.3 billion (US$382,000) from 68 households in the communes of Giang Son Dong, Giang Son Tay and Hong Son by mid 2014 but was unable to repay the debts and later declared bankruptcy.

She then borrowed an additional VND3 billion (US$138,000) from 33 households.

Victims' denunciation sent to the police about Trang's fraud. — Photo vnexpress.net

In Giang Son Dong Commune, Do Luong District, in 2013, Trang started investing in farms and the cattle feed trade. She was lauded for her achievements in the business of farming and animal husbandry by the local television channel in mid 2013. Since then, she has borrowed money to expand her business, roll debts between banks and take part in a loan club. The locals trusted her and lent her money.

Police in Do Luong District are continuing to investigate the case. – VNS


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