Sophisticated tricks of the gambling organization’s line of more than 87,000 billion VND

04/14/2022 06:58 GMT+7

On April 13, Ho Chi Minh City Police said that this unit had completed the investigation conclusion and proposed to prosecute 43 accused in the case of organizing gambling and gambling on the Internet with a total amount of more than 87,000 billion VND.

This is the case with the largest amount of gambling money that the Ho Chi Minh City Police has dismantled so far.

Gambling with digital currency

The case of organizing and gambling on the Internet is led by the accused Huynh Long Nhu and Huynh Long Bach. Taking advantage of the fact that Vietnam’s law has not yet recognized digital currencies in transactions and payments, Nhu and Bach founded a company, hiring people to design 2 websites connected to online gambling games. headquarters located abroad.

Players use Vietnamese coins to buy digital currency (USDT, currently 1 USDT = 1 USD) to gamble, then convert it back into Vietnamese currency.

Players who want to create an account to gamble must be referred by an old player. The system will provide old players with a link to send new players to register an account.

43 people are recommended for prosecution in the gambling ring 87,000 billion VND. (Photo: Ho Chi Minh City Police)

Each time a new player successfully registers, the system will aggregate to have the basis to upgrade the level for the introduced old player. At the same time, based on the amount of money the new player gambled, the system will calculate and divide the “commission” for the old player on a weekly basis.

With this trick, players are attracted by the huge benefits, so they have become both gamblers and gamblers.

In addition, to attract more players, this line also organizes for gamblers to bet in the form of “insured”, “played is guaranteed to win” and has a plan to return 64-96% of the bets. insurance money.

What do the tycoons declare?

Huynh Long Bach (born in 1991) and his younger brother Huynh Long Nhu (born in 1993) are in charge of 2 gambling websites.

Huynh Long Bach declared with Nguyen Dac Quy to establish Libra Tech Company, assigning Vu Van Ton as the legal representative to organize gambling activities from January 2021. Bach hires many people who are good at information technology to operate this website.

In addition, Bach assigned his younger sister, Huynh Thi Tay Ha (born in 1996) to be the company’s treasurer, and his younger brother, Huynh Long Tu (born in 1998), to gamble and entice players.

Huynh Long Nhu said in early 2020, Nhu was introduced by an Indian named Bhatia Mohit (born 1993) about the multi-level model of virtual currency investment in the form of online gambling.

Nhu Khai was hired by Mohit to manage this model in Vietnam, at the same time in charge of image promotion, agency development, and player attraction. Benefit 20,000 USDT/week, Nhu transferred digital money into Vietnamese currency and then bought real estate.

The investigation agency concluded that Huynh Long Nhu and 11 suspects were guilty of 2 crimes of organizing gambling and gambling. In this case, Huynh Long Bach and 20 other people committed the crime of organizing gambling, the remaining 10 defendants were guilty of gambling. The defendants illegally obtained a particularly large amount of money, used to buy real estate, cars and move abroad.

The investigative agency is searching for Mohit, who is said to be the real boss.

According to zingnews.vn