18/03/2016 14:24 GMT+7 Email Print Like 0

Seven Chinese jailed for illegal cash transfers

Hanoi, March 18 (VNA) - The People’s Court of Hanoi opened a trial on March 17 to indict seven Chinese defendants on charges of illegal money transfers between Vietnam and China.

Wang Hui, 28, was sentenced to 15 months in prison. The six remaining defendants, aged 22-32, were sentenced to 14 months and 12 days in prison each.

According to the indictment, in the beginning of 2014, Wang was allegedly hired by a Chinese man called Joe, who remains unknown, to go to Vietnam and manage a network of illegal Y uan cash transfers from bank accounts registered in China.

She came to Vietnam in February 2014 and hired six Chinese people to help her operate the network.

She also employed and trained 39 Vietnamese people to transfer the money through the internet.

In February 2015, the police searched and arrested the seven individuals at Minh Ngoc Company, where they carried out illegal money transfers involving 1,400 bank accounts.

Headed by Wang, the company had made hundreds of thousands of transactions involving more than 800 billion VND (3.5 million USD), with a daily average of 600 transactions.
VNA/VNP