Two female leaders of Sao Vang Company (headquartered in Vung Tau City) for many years have used deceitful tricks to mobilize money and usurp hundreds of billions of customers.
Today (April 15), the People’s Court of Ba Ria – Vung Tau province brought the case of “fraudulent appropriation of property” occurred at Sao Vang Investment Joint Stock Company (referred to as Sao Vang company for short, address number 257). Ba Cu, Ward 4, Vung Tau City) to trial. This is a fraud case with the amount of hundreds of billion dong.
In court, the defendant Pham Thi Thu Ha (SN 1983, hometown of Ha Tinh, residing in Vung Tau City) was prosecuted by VKSND of the same level for fraudulent appropriation of property.
Concerning this case, the mastermind – defendant Huynh Thi Ngan Trang (SN 1983, resident of Xuan Loc district, Dong Nai province) has fled and is being wanted.
Defendant Pham Thi Thu Ha at the trial this morning (April 15). Photo: Quang Hung
From the early morning, hundreds of people who were the victims, who were involved in the case have been in court, crowded in the hall and the railing outside the courtroom.
Some victims also brought law books to prepare for the argument in court.
However, after the examination of the composition of the court, the Panel decided to postpone the trial for the reasons: many victims are absent, the person with related obligations and the victim requested the postponement … , delay after more than 1 month, will be reopened.
According to the list announced by the secretary, this trial the court summoned more than 144 victims and more than 400 people with related obligations. However, only more than 100 victims were present and more than 134 persons with related rights and obligations participated.
After the decision to postpone the trial, many defendants petitioned to send the People’s Court to return the files to further investigate the case, they said that the procedural agency had “overlooked” the crime, many related issues in the case. the judgment has not been satisfactorily resolved …
Appropriated nearly 224 billion dong of 433 customers
According to the case file, from 2012 to June 2017, Huynh Thi Ngan Trang – Chairman of Sao Vang and Pham Thi Thu Ha – held the positions: Director, Deputy General Director, The treasurer of Sao Vang Company deceived 433 customers to steal nearly 224 billion dong.
Trang and Ha confessed that during the above period, Sao Vang company invested in projects, bought shares at a loss, had no revenue, but both still maintained to pay profits to customers, taking money from the customer pays the customer, the latter pays the first.
Hundreds of people were harmed, who were on duty involved in court early in the morning. Photo: Quang Hung
Many participants in court leave the courtroom after the decision to postpone. Photo: Quang Hung
In December 2016, Sao Vang Company terminated the investment activities of projects, but continued to mobilize capital from customers for investment cooperation. By June 2017, although Sao Vang Company could not afford to pay, Trang continued to deceive customers through the service staff, customer department to appeal and entice customers by offer a profit rate of 22-30% for them to deposit money into the company and then appropriate a portion of paying for previous customers.
In order to carry out the above behavior, Trang and Ha have made false documents on the charter capital contribution of member companies in cash; taking advantage of the position of General Director, concurrently Chairman of the Board of Directors, Trang instructs employees to spend money for the “virtual” project investment page, no revenue.
After that, Trang pays a certain amount of money to maintain the cash fund of Sao Vang, to ensure the payment of principal and profit for customers, pay commissions for employees and operating expenses. …
With the above deceitful tricks, Trang fraudulently appropriated the money of 433 customers with the amount of more than VND 223 billion. Specifically, Sao Vang original amount has not yet paid to these customers is more than 407 billion VND; the amount of profit paid is more than 174 billion dong; the amount of commissions for employees is over 9 billion.
For Pham Thi Thu Ha’s behavior, the investigation and police determined that between 2010 and 2016, Ha was a shareholder, holding important positions in the company, playing a role in helping for phishing page with the above tricks.
From 2015 to 2016, Ha helped Trang directly sign 70 investment cooperation contracts and 7 maturity contracts with 67 customers, and signed annexes of investment cooperation contracts with fixed profit agreements. Payable to customers 27.6% / year, expected profit from 15-36% / year, with commitment to pay profit in advance to customers, regardless of business results.
Consequently, 67 customers trusted and were “trapped” to pay Sao Vang, with the appropriated amount of nearly 24 billion VND.
The defendants petitioned for the return of additional investigation files because they believed that the case “omitted the crime”. Someone brought law books to court to prepare for the argument. Photo: Quang Hung
At the investigation agency, Trang confessed all the criminal acts committed by Trang. Ba Ria – Vung Tau Provincial Police CSDT has prosecuted the defendant, applied measures to prevent leaving the residence, delayed exit for Trang due to her pregnancy, child nursing under 36 months old.
However, on March 26, 2020, Trang fled the locality, so the investigating agency issued a pursuit decision, suspended the investigation for the accused and decided to separate the criminal case for criminal acts. Trang’s defendant, after being caught, will be handled later.
At the same time, the police agency ordered distraint, suspend transactions for assets such as land use rights, shares related to Trang and Sao Vang company.
Defendant Ha confessed his crime, but said that everything was directed by Trang, did not intentionally commit fraud to appropriate property with Trang.
However, with documents and evidence gathered together with testimony during the settlement of the case, the police agency determined that Ha was an accomplice with Trang on the crime of appropriating property.
In this case, the investigation agency also worked with 13 shareholders of Sao Vang company and identified some shareholders who did not participate in the company’s operations, did not know Trang and Ha committed criminal acts. insufficient grounds to consider criminal liability.
Meanwhile, some other shareholders denied the responsibility and role related to the defendant’s criminal acts, so when the Trang is arrested, the investigation agency will continue to consider and handle.
You must log in to post a comment.