On 6/1, Nguyen Van Tuan, 26, from Ha Noi, along with four others, was prosecuted by Quang Tri Provincial Police for usury in civil transactions under Article 201 of the Criminal Code.

Nguyen Van Tuan (center) and accomplices at the investigation agency. Photo: Quang Tri Police

Investigation agencies identified Tuan as the ringleader. He established the website 1gold.biz, operating as an "online ledger" with strict administrative controls. The group utilized social media platforms to promote their services, attract borrowers, and manage their operations. Since 2024, Tuan and his accomplices have organized usurious lending in Quang Tri province, imposing interest rates from 365% to over 600% per year. This operation illegally generated profits exceeding one billion dong.

The case is currently under expanded investigation.

Dac Thanh