Arrest one more sister of FLC President Trinh Van Quyet

April 5, newspaper Labor Reportedly, the Investigative Police Agency (C01) of the Ministry of Public Security has served the decision to prosecute the accused, carry out search warrants and arrest warrants for the accused for temporary detention to Ms. Director of BOS Securities Joint Stock Company, also the biological sister of Trinh Van Quyetto investigate the act of manipulating the stock market”, as stipulated in article 211 of the Penal Code.

This is a new development related to the “stock market manipulation” case that happened at FLC Group Joint Stock Company.

Ms. Trinh Thi Thuy Nga

Share on Youth, Lieutenant General To An Xo – chief of staff and spokesman of the Ministry of Public Security, said that C, the investigation results to date have determined that the Russian accused played the role of accomplices to help FLC chairman Trinh Van Quyet carry out the act. guilty of “manipulating the stock market”.

Ms. Trinh Thi Thuy Nga is Mr. Quyet’s biological sister. At the time of committing the offence, Ms. Nga was deputy general director of BOS Securities Company.

Previously, on the afternoon of April 4, C01 arrested a sister of Mr. Trinh Van Quyet, Ms. Trinh Thi Minh Hue, to investigate the same crime.

Initially, C01 determined that defendant Trinh Van Quyet and individuals from FLC Group Joint Stock Company, BOS Securities Joint Stock Company and related companies had concealed information about securities activities. , causing serious damage to investors, affecting the operation of Vietnam’s stock market.

Before that, when arresting Mr. Trinh Van Quyet, C01 searched the headquarters of FLC Group. Photo: LDO

According to Youth, From December 1, 2021 to January 10, 2022, Trinh Van Quyet directed individuals with family or close relationships to run the staff of BOS Securities Joint Stock Company (BOS Securities Company) and other companies. subsidiaries, satellite companies use 20 securities accounts of 11 organizations. These accounts collude with each other to continuously buy and sell securities with great frequency. The purpose is to create artificial supply and demand.

Accounts participated in 28/28 trading sessions, buying orders accounted for 12% of total order volume and matched buying 2.84% of total market matching volume; Sell ​​orders accounted for 7% of total sell orders and sell orders accounted for 12% of total market sell orders.

In the bullish sessions, the group of 21 securities accounts bought with a total volume of 77% of the group’s total order volume. At the discount sessions, the group placed sell orders with a total volume of 94% of the group’s total sell volume. The purpose is to push the price of FLC securities from 14,650 VND/share on December 1, 2021 to the highest price of 24,050 VND/share (average is 22,586 VND/share, up 64%).

Trinh Van Quyet then assigned his family members to place an order to sell 175 million FLC shares and matched the order to sell 74.8 million FLC shares at the price of 22,586/share, but did not disclose information before trading. , with an amount of VND 1,689 billion, illegally profiting an amount of about VND 530 billion.

MT (t/h)
According to Vietnamnet