Breaking a large online gambling line, transacting more than 2,000 billion VND

According to information from the Ministry of Public Security, on May 30, the Department of Cyber ​​Security and High-Tech Crime Prevention and Control, the Ministry of Public Security coordinated with the Hanoi City Police, the Quang Ninh Provincial Police, and the Public Security Department. Thai Nguyen Provincial Security Department organized forces and means to dismantle the financial betting line on the website https://sfxcapitals.com with the transaction amount up to 90 million USD (equivalent to 2,160 billion VND), by the object. Dao Minh Sang (born 1984, in Hoai Duc district, Hanoi city) is the leader.

Advertising image on the SFX floor.

As a result, the police agency summoned and worked with 32 subjects, searched and seized 32 mobile phones, 24 computers of all kinds, 05 luxury and high-class cars (01 car). Cadillac, 01 Range Rover, 01 BMW, 01 Lexus, 01 Mercedes) related to the above financial betting activities.

This is a financial bet line in the form of BO binary options through the SFX Capital exchange. To participate in betting, players must register an account on the SFX website: https://sfxcapitals.com. SFX Capital offers exchange rates of 16 major forex pairs including: USD/EUR, GBP/USD, USD/JPY, USD/CHF, AUD/USD, EUR/GBP…. and the exchange rate of digital currency pairs such as: BTC/USD… Player chooses a foreign currency pair, digital currency to bet on increase or decrease (up or down) in a unit of time (usually 30 seconds/ 1 bet, in addition, there are 3 minutes, 5 minutes, 15 minutes, 30 minutes, 1 hour 30 minutes). When the bet wins, the player receives an amount equal to the bet amount after deducting the floor fee (from 5%-10% of the bet), if the player loses, the player will lose the entire bet.

Police agencies work with related subjects.

To create a cover for financial betting activities through SFX Capital, Dao Minh Sang established 3 companies, including: SFX Capital Joint Stock Company, SFX Company Limited, FCI Joint Stock Company Join only directing, operating; Supporting the morning, there are also subjects Nguyen Xuan Hung (born in 1984, residing in Hoang Mai district, Hanoi), Head of sales department of SFX Capital and Nguyen Minh Duc (born in 1987, residing in Ha Dong district, Hanoi city). Noi), Director of FCI . Joint Stock Company

Through data mining, the SFX system has 18,000 betting accounts, the total amount of gambling money transfer is estimated at 90 million USD (equivalent to 2,160 billion VND).

To attract and entice players to participate, actors use many sophisticated methods and tricks, such as: Organizing many dealer networks, establishing “expert” groups, creating support rooms (Rooms) assist players in placing bets through reading orders, committed to helping players win bets with a value of about 15% to 20% in about 1 hour if you follow the instructions of the order reader. For players who lose a lot, the object is committed to bringing the player “to shore”, instructing and enticing the player to continue to add more money to the account to recover the lost amount.

Create groups on social networks such as Facebook, Zalo…, to write articles, post images and videos to “create effects” on cyberspace showing wealth, expensive cars, high-class lifestyle ; claiming to be experts, guides, pioneers, inspirational people, CEOs, Leaders… in the field of finance 4.0.

Open training courses, large-scale seminars at luxury resorts and hotels to attract players to participate, chat with company leaders, share experiences from successful individuals. get rich from financial betting activities in the form of binary options…

Vehicle exhibits of the case.

The Department of Cybersecurity and High-Tech Crime Prevention and Control is continuing to coordinate with functional units to investigate and expand the case and strictly handle violators in accordance with the law.

The operation of BO binary options exchanges is actually an organization of gambling and gambling in cyberspace, with the potential for fraud to appropriate participants’ assets. The Department of Cybersecurity and High-Tech Crime Prevention and Control recommends that people be vigilant and do not let objects entice or lure them to invest in binary options trading platforms. .

When detecting subjects with enticing and enticing behavior to invest in binary options trading platforms, BO should promptly report it to the police for strict handling in accordance with the law.

Tien Dung