Vietnam records over 1,500 online fraud cases in 8M
Estimated losses reaching VND1.66 trillion ($63.1 million).
Massive $99 mln crypto fraud ring busted
When investors deposited money, their accounts would display notifications of profits many times the original investment. However, these were entirely virtual notifications, and account holders could not withdraw any actual cash.
Vietnamese trade office in Netherlands raises alert about online fraud
Many cases of online fraud are related to petroleum products due to rising demand.