On the afternoon of 15/12, during the Ministry of Public Security's year-end press conference, Colonel Nguyen Duc Long, Deputy Director of Hanoi Police, announced Ngo had fled Vietnam to Cambodia. In September 2025, Philippine police arrested him for illegal entry.

Following coordination with C01, Ministry of Public Security, to complete necessary procedures, police extradited Ngo to Vietnam on 13/12.

Earlier, Ngo's wife, Ngo Thi Theu, was also arrested and brought back to Vietnam from Thailand.

Mr Hunter Le Khac Ngo before his arrest. *Photo: FBNV*

This marks the latest development in the investigation into a fraudulent appropriation of property case in Vietnam, allegedly orchestrated by Pho Duc Nam (known as "Mr Pips") and Le Khac Ngo (known as "Mr Hunter"). Since 2021, the two suspects launched numerous English-interface websites, misleading participants into believing they were reputable international foreign exchange trading platforms. In reality, these sites were programmed to link with bank accounts managed by Nam's group.

Investigators determined the ring operated under the guise of international financial investment companies, utilizing MT4 and MT5 trading applications to lure individuals into "international stock and Forex investment." The group guaranteed high profits and zero risk.

Sales personnel were recruited and trained to approach victims via phone or social media, inviting them to invest in international stock markets. Initially, targets were allowed to win a few small trades to build trust. Subsequently, Nam's group would cite various "errors" as reasons to seize their assets. Police anticipate prosecuting approximately 550 sales personnel.

To date, authorities have recovered approximately 5,315 billion VND in assets. Police have received 669 complaints and recorded statements from 601 victims, who reported losses exceeding 1,187 billion VND.

According to Hanoi Police, this is Vietnam's largest fraud ring in the foreign exchange and stock sectors. Most victims fell for the scheme, swayed by Nam and Ngo's ostentatious displays of wealth. Investors were further enticed by their greed for wealth and the desire to quickly become tycoons.