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VietNamNews

Can Tho woman gets life for fraud

Update: October, 02/2014 - 08:05
Can Tho's People's Court sentenced Tran Thi Bach Hue to life in prison yesterday for stealing assets from the Can Tho Branch of Viet A Bank and others.— Photo 24h.com.vn

CAN THO (VNS) — Can Tho's People's Court sentenced Tran Thi Bach Hue to life in prison yesterday for stealing assets from the Can Tho Branch of Viet A Bank and others.

Hue, who owned the Thuy Nga Tourism Company, was accused of appropriating VND64 billion (US$3 million) and 600 taels (1 tael is equal to 1.2 ounce) of SJC gold.

According to Can Tho's People's Procuracy, Hue conspired with officials from Viet A Bank's Can Tho branch to steal from both the bank and individuals to pay off their debts.

Hue was forced to return the assets, with interest, to Viet A Bank's Can Tho branch and the other victims. This lifted the totals involved to VND107 billion (US$5 million) and 849 taels of SJC gold. — VNS

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