200 deceived by crypto mining scam in Vietnam via Singapore website
Tran Minh Quang (L) seen at a police station. Photo by VnExpress/Thai Ha
Over 200 people have fallen victim to a crypto mining scam in southern Vietnam by submitting VND4 billion (US$157,300) to a fraudulent platform.
Tran Minh Quang, 41, and three other individuals were arrested Saturday for the investigation of alleged fraudulent appropriation of assets in Dong Nai Province, which borders HCMC.
The police accused these individuals of developing fraudulent website BitMiner, with a Singapore domain, to lure victims to buy fake cryptocurrency Bincoin.
The group provided false advertisement to deceive users that they had a company based in Dubai.
They recruited many collaborators…