Vietnamese police arrest five individuals linked to a crypto scam network, unraveling an offshore-led operation targeting unsuspecting victims.
A provincial police force from Vietnam has arrested five individuals connected to an elaborate crypto scam network led by off-shore bad actors.
On Oct. 4, police from Nghe An, a Vietnamese province bordering Laos and the Gulf of Tonkin, dismantled a Laos-based scam ring linked to fraudulent wire transfers. The ring of scammers was led by off-shore individuals who specialized in conducting pig butchering and cryptocurrency investment scams.
The Nghe An police apprehended two Vietnamese suspects after confirming, through an investigation, direct links to the crypto scams.
