Hi tech gaming

Phan Sào Nam and Nguyễn Văn Dương, ringleaders of a VNĐ10 trillion online gambling ring. — Photo courtesy of the Public Security Ministry Viet Nam News PHÚ THỌ — The case file on a massive police-backed online gambling ring worth VNĐ9.8 trillion (US$426.3 million), involving high-ranking police officials has been completed and submitted to the court, the criminal investigation unit of Phú Thọ Province said on Wednesday. The northern province’s police are asked to bring to court charges against 92 people, facing a total of seven criminal offences, from organising gambling activities and purchasing fake invoices to money laundering, bribing and abuse of power. Twelve others are still on the run and will be brought to trial later, the police said. The ringleaders of the online gambling case (held via the card game rikvip/tip.club) were identified as Phan Sào Nam, CEO of VTC Online, a major tech company, and Nguyễn Văn Dương, chairman of CNC, a private high-tech security … [Read more...] about High-ranking police officials charged with power abuse in massive online gambling ring

No grounds to reduce former VTC chairman’s sentence in gambling ring: prosecution The Saigon Times Daily Phan Sao Nam, former chairman of local online game firm VTC Online, is escorted to the courtroom – PHOTO: VNA HCMC – There are insufficient grounds for the Hanoi Superior People’s Court to reduce the prison sentence of Phan Sao Nam, former chairman of local online game firm VTC Online, who played a key role in a multimillion-dollar online gambling ring, according to the Hanoi Superior People’s Procuracy. The trial has been examining 83 defendants over a course of eight days at the People’s Court of Phu Tho Province in northern Vietnam since March 5, reported the Vietnam News Agency. The defendants did not include Phan Van Vinh, 64, former head of the General Police Department and Nguyen Thanh Hoa, 61, ex-director of the High-tech Crime Division, both under the Ministry of Public Security, because they did not appeal their sentences of nine years and 10 years in … [Read more...] about No grounds to reduce former VTC chairman’s sentence in gambling ring: prosecution

No reduction in prison sentences of online gambling ring leaders The Saigon Times Daily Nguyen Thanh Hoa (L), former director of the High-tech Crime Division under the Ministry of Public Security, Phan Sao Nam (C), former chairman of VTC Online, and Nguyen Van Duong, former chairman of Hi-Tech Security Development and Investment Co., Ltd. stand in the courtroom in 2018 – PHOTO: TNO HCMC – The Hanoi Superior People’s Procuracy threw out appeals to reduce the prison sentences on two masterminds behind a multimillion-dollar online gambling ring involving former senior police officials. In its final judgments in the case today, March 12, the court accepted the reduction in prison sentences for 13 defendants, reported the local media. However, the court did not reduce the prison sentences of Nguyen Van Duong, 44, former chairman of Hi-Tech Security Development and Investment Co. Ltd. (CNC), and Phan Sao Nam, 40, former chairman of local online game firm VTC Online, who … [Read more...] about No reduction in prison sentences of online gambling ring leaders

Info ministry's chief inspector arrested for gambling ring cover-up The Saigon Times Daily Dang Anh Tuan, chief inspector of the Ministry of Information and Communications, has been arrested for his alleged involvement in a large online gambling ring - PHOTO: PLO HCMC – Police investigators in the northern province of Phu Tho have detained Dang Anh Tuan, chief inspector of the Ministry of Information and Communications, for allegedly providing protection for a multi-million-dollar online gambling ring. During the second phase of an investigation into the gambling ring, Phu Tho police investigators uncovered Tuan’s involvement in the case and decided to charge him with abuse of power and position while on duty. Investigators of Phu Tho Province searched Tuan’s home and office. Tuan, 49, worked for the ministry's Department of Legal Affairs from 2002 to 2008 before he took up the post of chief inspector of the ministry in 2015. In October 2016, the then minister … [Read more...] about Info ministry’s chief inspector arrested for gambling ring cover-up

Investigators break up two online gambling rings worth VND4 trillion The Saigon Times Daily An individual is questioned by an investigator for his involvement in a transnational online gambling ring – PHOTO: POLICE HCMC – A transnational online gambling ring worth more than VND1 trillion (US$43 million), led by locals who used to work in casinos in Cambodia, has been broken up. The Department of Cyber Security and Hi-tech Crime Prevention, with the Ministry of Public Security (MPS), on Tuesday announced the arrest of nine individuals suspected of involvement in an unauthorized online betting, casino and lottery operation linked to the Winxx8.com brand, which is reportedly based in the Shanghai Resort Casino in Cambodia. On September 18, the department teamed up with the Criminal Police Department and the Mobile Police Department to set up a taskforce of 16 teams that raided various sites in the northern province of Bac Ninh, the south-central coastal province of … [Read more...] about Investigators break up two online gambling rings worth VND4 trillion

Quang Yen coastal economic zone - new push on northern development Deputy Prime Minister Trinh Dinh Dung has signed a decision on establishing Quang Yen Coastal Economic Zone in the northeastern province of Quang Ninh. Earlier this May, Quang Yen was added to the national plan for coastal economic zones. Located southwest of Quang Ninh and on the border to Hai Phong, the economic zone covers a total area of 13,303 hectares comprised of two functional sub-zones: a nearly 6,900-hectare subzone for seaport services and industrial zone named Dam Nha Mac, and over 6,400 hectares for an urban area and high-tech sub-zone. Quang Yen was established with three development goals, the first of which is to enhance the economic, trade and services connection with other coastal economic zones such as Van Don, Dinh Vu – Cat Hai (in Haiphong), and Thai Binh, and to develop socio-economic links between economic zones and neighboring areas. Investment attraction to Quang Yen must be in … [Read more...] about Quang Yen coastal economic zone – new push on northern development

Phan Văn Vĩnh, former Lieutenant General and former Director General of the Police General Department  has been taken into custody on charges of “abusing position and power while performing duties” in activities relating to a major online gambling ring. — Photo Doãn Tấn HÀ NỘI — Phan Văn Vĩnh, former Lieutenant General and former Director General of the Police General Department under the Ministry of Public Security (MoPS), has been taken into custody on charges of “abusing position and power while performing duties” in activities relating to a major online gambling ring. In an official announcement of the MoPS yesterday, the Investigation Security Agency under the Department of Public Security of Phú Thọ Province issued a decision to start criminal proceedings against him. They also issued an arrest warrant for a four-month detention of the 63-year-old Phan Văn Vĩnh, who has been living in Nam Định Province following retirement last year. He is accused of “using … [Read more...] about Former police chief arrested in biggest gambling ring probe

The Criminal Police Department under the Ministry of Public Security successfully dismantled an online football betting ring valued at hundreds of billions of đồng in mid-July. The ring was led by Nguyễn Văn Bình, 36, from the northern province of Bắc Giang. — VNA/VNS Photo Viet Nam News HÀ NỘI — As reliance on information technology becomes ever more pervasive in society, cybercrime has grown rapidly both in quantity and sophistication in Việt Nam , experts said. The Ministry of Public Security has recently worked with police departments in 52 provinces and cities to dismantle cases of fraud through the use of the internet, telecommunications and banking system to illegally appropriate others’ property. The trick the criminals deployed was looking for the accounts of bank customers who did not subscribe to internet banking services. The criminals broke into the banks’ websites and then tried to find ways to access the accounts and subscribe to internet banking … [Read more...] about Sophisticated cyber crime on the rise in Việt Nam

Online gambling game Rikvip, which was later renamed Tip.club. – Photo laodong.vn Viet Nam News PHÚ THỌ — The People’s Procuracy of northern Phú Thọ Province said VNĐ372 billion ($15.9 million) that three mobile operators had earned from the recent massive online gambling ring would be confiscated. According to an indictment, after more than two years operating software via the card game rikvip/tip.club , an online gambling ring had managed to attract nearly 4.3 million accounts, bringing in revenue of nearly VNĐ10 trillion ($429 million). Three mobile operators earned VNĐ1.23 trillion ($52.8 million). Specifically, Viettel gained VNĐ913 billion ($39.2 million), Vinaphone VNĐ148 billion ($6.3 million) and MobiFone VNĐ171 billion ($7.3 million). The money was proven to have originated from gambling, so had to be returned by the mobile operators. After deducting taxes the operators have paid, the remaining amount of more than VNĐ372 billion ($15.9 million) is set to … [Read more...] about Mobile operators must give up cash

Vietnam needs to embrace technology to escape middle-income trap: PM The Saigon Times Daily Prime Minister Nguyen Xuan Phuc delivers a speech at the National Forum on Developing Vietnam Technology Companies in Hanoi on May 9 – PHOTO: VNA HCMC – It is essential that technology be regarded as the crucial factor that could take Vietnam out of the middle-income trap and turn it into a developed country, stated Prime Minister Nguyen Xuan Phuc at a technology forum in Hanoi today, May 9. The inaugural national forum on developing Vietnam’s technology companies kicked off earlier today. Themed “Aspiration, vision and strategy for a prosperous Vietnam” and with the action motto of “Make in Vietnam,” the forum acts as a catalyst for the development of a community of Vietnamese technological companies. The forum brought together some 1,000 delegates representing the Government, ministries, agencies and localities, along with hundreds of locals, foreign experts and … [Read more...] about Vietnam needs to embrace technology to escape middle-income trap: PM