On December 3, Ha Tinh Provincial Police prosecuted and issued a temporary detention order against Vo Hoang Long (36 years old, residing in Bac Ha ward, Ha Tinh city) for the crime of Fraudulent appropriation of property.

According to the investigation agency, Long is the director of a transaction office of a bank in Ha Tinh.

From the end of 2021 until now, Long has had the intention of defrauding other people's money due to losing business investments and borrowing at high interest rates, leading to the inability to repay debts.

To do this, Long took advantage of his reputation to provide false information to others about raising money to carry out debt restructuring procedures for customers, promising to pay high interest rates and borrow in a short period of time.

Using the above tricks, Long defrauded and appropriated more than 10 billion VND from many individuals in Ha Tinh province and other localities. Long used this money to pay debts, interest and personal expenses.

Based on the victim's report and collected evidence, on November 25, the investigation agency issued a search warrant for the residence and workplace of suspect Vo Hoang Long.