Thuy Nguyen Trading Joint Stock Company's CEO arrested for defrauding

Thuy Nguyen Trading Joint Stock Company – the investor of the Anh Dung 4 housing project in Hai Phong – is under investigation following the arrest of former General Director Tran Huy Cuong for alleged fraud. Cuong is accused of signing house sale contracts and collecting money from buyers without delivering the properties, instead using the land documents as collateral for bank loans. Hundreds of customers now face the risk of losing their assets, with many having filed complaints over the past two decades

Thuy Nguyen Trading Joint Stock Company – the investor of the Anh Dung 4 housing project in Hai Phong – is under investigation following the arrest of former General Director Tran Huy Cuong for alleged fraud. Cuong is accused of signing house sale contracts and collecting money from buyers without delivering the properties, instead using the land documents as collateral for bank loans. Hundreds of customers now face the risk of losing their assets, with many having filed complaints over the past two decades

« Go Back