Female accountant 'embezzles' over 27 billion dong from securities firm

Tran Thi Thuy Lan, 41, a chief accountant, allegedly directed a subordinate to make false accounting entries, transferring over 27 billion dong from the company to her personal account for financial investments.

On 14/2, Lan and her subordinate Nguyen Luong Mai Thy, 34, were temporarily detained by the Ho Chi Minh City Police's Economic Crime Division for investigation into the crime of property embezzlement.

Tran Thi Thuy Lan (in a black t-shirt) and Nguyen Luong Mai Thy listen as police read the arrest warrant. *Photo: Ho Chi Minh City Police*

According to the investigation, Lan served as chief accountant and Thy as an accountant at a securities firm headquartered in Ho Chi Minh City. Earlier this year, needing money for personal spending and online financial investments, Lan exploited her assigned authority. She instructed Thy to use an internal financial management account, provided by the company, to tamper with the system.

Thy then assisted her superior in making false accounting entries, inaccurately increasing the cash balance in Lan's personal securities account. Using this fabricated data, Lan executed transactions to transfer over 27 billion dong from the company's account to her personal account, thereby embezzling the funds.