On 10/9, the Investigation Police Agency of Da Nang City initiated legal proceedings and detained Phan Nhu Anh Quoc (34 years old, residing in Nui Thanh commune, Da Nang City) on charges of fraud and embezzlement under Clause 4, Article 174 of the Criminal Code.

The accused, Phan Nhu Anh Quoc. Photo: Anh Thanh

The investigation revealed that in 2023, while working at a commercial bank in Nui Thanh, Quoc became acquainted with a female customer from Huong Tra ward who was applying for a loan. Knowing that she frequently lent money for loan rollovers, Quoc began borrowing from her in early 2024, initially repaying both principal and interest on time.

However, from September to December 2024, Quoc repeatedly fabricated stories about clients needing funds for loan rollovers to borrow money, which he then used to settle personal debts. By 20/12/2024, he had borrowed 3 billion VND from the woman and was unable to repay her.

Expanding their investigation, authorities determined that from 2024 to 3/2025, Quoc continued to borrow money from multiple individuals in Tam Ky, Tam Anh, Tam Xuan, and Nui Thanh, citing reasons such as loan rollovers, loan settlements, and procedures for retrieving land use rights certificates. However, he consistently misused the funds. The total amount embezzled exceeded 15 billion VND.

The investigation is ongoing. Da Nang City police urge anyone who believes they may be a victim of Quoc's scheme to contact the Investigation Police Agency office to seek resolution.

Ngoc Truong