GMT Water Joint Stock Company's chairman arrested for fraud

Share this on: Hanoi, Jun 23 2025 - 02:48 PM

GMT Water Joint Stock Company's Chairman, S? Anh Tuyên, was arrested and is facing charges of "Fraudulent appropriation of property." Investigations revealed that since 2019, Tuyên and his accomplices allegedly operated a multi-level marketing scheme through GMT Water and its associated companies. They are accused of providing false business information to lure victims into investing and then misappropriating their assets. This behavior has reportedly caused significant financial harm to many individuals and negatively impacted the investment environment nationwide.


GMT Water Joint Stock Company's Chairman, Sỹ Anh Tuyên, was arrested and is facing charges of "Fraudulent appropriation of property." Investigations revealed that since 2019, Tuyên and his accomplices allegedly operated a multi-level marketing scheme through GMT Water and its associated companies. They are accused of providing false business information to lure victims into investing and then misappropriating their assets. This behavior has reportedly caused significant financial harm to many individuals and negatively impacted the investment environment nationwide.


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