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Man sentenced for fraud

Update: August, 17/2015 - 18:28
Caption: Police allege Nguyen Thanh Chon to the detaining place. — Photo

HCM CITY (VNS) — The HCM People's Court today sentenced Nguyen Thanh Chon to 17 years of imprisonment for defrauding people and appropriating their cash.

Chon was forced to pay VND4.6 billion (US$211,000) in compensation to his victims.

In May 2013, Chon went to the Tu Quang Pagoda in Binh Chanh District and met the pagoda's head, Huynh Van Chinh. Chinh gave Chon two bond boxes, which contained moulds for printing US dollar bills from the 2003 and 2006 series, and asked Chon to determine their value.

Chon met Le Thi Ly the next month and told her that each of the boxes was worth more than US$200 billion, claiming the original owner of the two boxes knew where the money had been placed.

Ly repeated this story to a few other people, including Nguyen Thu Hoa, and Hoa agreed to buy the two boxes at a cost of VND3.2 billion ($146,700). Hoa paid Chon the money and asked him to give her $1 million from the treasure he had mentioned.

Chon returned $61,900 to Hoa from the money she had given him, telling her that it was part of the promised treasure; he kept the rest of the money.

Chinh discovered the truth in July 2013 and denounced Chon.

Further investigations by the police revealed that from August 2005 to November 2013, Chon also cheated two other people out of VND2.8 billion ($128,400). —  VNS

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