Mr. Trinh Van Quyet’s sister was arrested
This is the second sister of Mr. Quyet arrested in a case related to the case.
Before that, regarding the case “Stock market manipulation” happened at FLC Group, the Investigation Police Agency of the Ministry of Public Security (C01) continued to clarify the criminal behavior of Trinh Thi Minh Hue, an officer of the Accounting Department of FLC Group with the role of an accomplice to assist Trinh Van. Decided to commit the crime of “Manipulating the stock market” and issued a Decision to prosecute the accused 100/QD-VPCQCSĐT, Order to arrest the accused for temporary detention No. 31/LB-VPCQCSĐT for 03 months for Trinh Thi Minh Hue.
On April 4, 2022, the Supreme People’s Procuracy (Case 3) approved procedural decisions and orders in accordance with the law.
Previously, the Investigation Police Agency of the Ministry of Public Security (C01) investigated and verified Trinh Van Quyet, Chairman of the Board of Directors of FLC Group Joint Stock Company, and individuals of the Group Joint Stock Company. FLC, BOS Securities Joint Stock Company and related companies for the act of “Manipulating the stock market”, “Concealing information in securities activities” occurred on January 10, 2022, causing damage serious consequences for investors, affecting the operation of Vietnam’s stock market.
On March 29, Mr. Trinh Van Quyet, Chairman of the Board of Directors of FLC Group, was prosecuted and detained to investigate the behavior of manipulating the stock market. The authorities determined that Mr. Trinh Van Quyet directed and directed individuals with family or close relationships to operate employees of BOS Securities Company and its subsidiaries and satellite companies to use 20 securities accounts. securities of 11 organizations to collude to buy and sell securities with high frequency, in order to create artificial supply and demand; pushed FLC stock price from 14,650 VND/share on December 1, 2021 to 24,050 VND/share (up 64%).
After that, Mr. Trinh Van Quyet 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 on January 10, 2022 at the price of 22,586 VND/share but did not disclosing information before securities trading, with the amount of VND 1,689 billion, illegally profiting an amount of about VND 530 billion.
at Blogtuan.info – Source: Afamily.vn – Read the original article here
