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Woman seized for absconding with funds

Update: December, 26/2012 - 09:40

HA NOI (VNS)– Pham Thi Thuy Hang, 27, was arrested in Tu Liem District's Phu Dien Commune for the alleged appropriation of VND13 billion (US$625,000), Ha Noi Police announced on Monday.

According to investigators, a man from Gia Lam District agreed to buy a SH motorbike from Hang, known as a motorbike trader, for VND90 million ($4,300) last September.

He paid her a deposit of more than VND3 million ($140) and she then fled with the money.

When arrested, Hang confessed to police that she had borrowed up to $625,000 from people around Ha Noi to do business but then ran away because she could not fulfil the agreements. — VNS

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