The ongoing criminal crackdown targets syndicates that trapped buyers under the guise of trading luxury travel packages.
Photo: Several key suspects arrested in the elaborate travel vacation fraud ring.
During sweeping raids at various homes and offices, investigators seized cash and high-value assets. The total value of these seized items reaches nearly 683 billion VND. Furthermore, authorities froze transactions on two major properties registered under the New Era Company. These frozen assets are worth roughly 150 billion VND. They include a prominent hotel in Quang Ninh Province and a 5.6-hectare estate in Ninh Binh Province.
The deception runs even deeper. Hanoi Police are currently unmasking the legal advisors who protected these crooked companies. In a cruel twist, the suspects went a step further. They established a secondary, fake legal consulting firm. This front company explicitly promised to help heartbroken victims recover their stolen money. In reality, the new firm was just a predatory trap designed to rob the victims a second time.
The true scale of this criminal web is staggering. Up to this point, the Hanoi Police have blown the lid off 25 separate criminal cases. They have now indicted a total of 248 defendants tied directly to these malicious holiday vacation scams.
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