Thousands lose everything chasing ‘get-rich-quick’ crypto dreams
On May 9, the Quang Ninh police dismantled a cybercrime ring called “cutting stones to find jade”.
The group had set up many online fanpages with catchy names such as “Da May Man” (Lucky Stone), “Da Ngoc Tho” (Raw Jade), “Do Trang Suc Giau Co” (Jewelry that brings wealth) to organize livestreams that promoted bets on cutting stones to find precious jade, luring viewers to buy betting slots before misappropriating their funds.
Led by Tran Thi Chi and Vu Van Hai, the ring collaborated with Chinese operatives, renting a house in China for its headquarters, and recruiting Vietnamese workers to work in China with salaries of 5,000-6,000 CNY/month.
Dozens of Vietnamese joined the scam,…
