Minh Khue Trade Business and Service Joint Stock Company accused of illegal fundraising

Minh Khue Trade Business and Service Joint Stock Company has been accused of using so-called “investment cooperation contracts” to illegally raise capital at the Tan Uoc and Ninh So industrial clusters, despite not being the legal project developer. The company issued receipts and loan contracts with official seals and signatures to gain trust, while authorities confirmed that the land plots in question were either ineligible for transfer or did not exist as advertised. The company is also suspected of disguising illegal land subdivision and sales, disrupting the industrial real estate market and prompting calls for a full investigation to clarify legal responsibilities.

Minh Khue Trade Business and Service Joint Stock Company has been accused of using so-called “investment cooperation contracts” to illegally raise capital at the Tan Uoc and Ninh So industrial clusters, despite not being the legal project developer. The company issued receipts and loan contracts with official seals and signatures to gain trust, while authorities confirmed that the land plots in question were either ineligible for transfer or did not exist as advertised. The company is also suspected of disguising illegal land subdivision and sales, disrupting the industrial real estate market and prompting calls for a full investigation to clarify legal responsibilities.

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