VietNamNet Bridge – Police in the southern province of Binh Duong have asked the provincial People’s Procuracy to prosecute Tran Thi Le Thu for faking land use right certificates in order to obtain fraudulent loans.
Police in the southern province of Binh Duong have asked the provincial People’s Procuracy to prosecute Tran Thi Le Thu for faking land use right certificates in order to obtain fraudulent loans. — Photo tuoitre.vn
According to the investigation, Thu, 51, of Phu Giao District, asked relatives and neighbors to use their names to obtain 32 land use certificates, known as red books. She paid each of them VND50 million (US$2,170) and then went to various banks to take out loans based on the fake red books.
In this fashion Thu appropriated VND9.5 billion ($413,050) from the So Sao branch of the Vietnam Bank for Agriculture and Rural Development (Agribank) and VND63.5 billion ($2.7 million) from the Binh Duong branch of An Binh Bank.
Thu also appropriated VND6 billion ($260,900) from Nguyen Thi Kim Thanh and VND1.4 billion ($60,900) from Tran Ngoc Xuan. Thanh, Xuan and other people who helped Thu borrow will also be prosecuted, according to police.
The bank officers will also be prosecuted, including Le Thi Hoang Oanh, former director of Agribank’s So Sao branch, Nguyen Vinh Linh, former head of the Credit Department of So Sao branch, Nguyen Van Phuong, former credit officer of So Sao branch, for causing serious consequences through lack of responsibility.
VNS