Scams Using Bitcoin in vetnam Make Keki

Fraud with investment in crypto money continues to be repeated. This time it happened in Vietnam with a number that was not small, reaching USD658 billion or IDR9 trillion. Worse, this comes from a fraud case.

Quoted from Fortune, the Vietnamese government is currently investigating fraud cases under the guise of crypto money investments. It was reported that the deputy Prime Minister of Vietnam Vuong Dinh Hue forced six state ministries to immediately resolve the case.
The fraud was carried out by a company called Modern Tech based in Ho Chi Minh City. It is not known exactly since when the fraud was carried out, but reportedly the victims who dredged the office of the company found Modern Tech had gone bankrupt since a month ago.

The victims said Modern Tech offered investment in crypto money (ICO) through two fake platforms created, iFan and Pincoin. iFan was introduced to victims as a company from Sigapura that provides social media platforms that can utilize crypto money.

Then Pincoin was introduced as a crypto money investment company originating from Dubai and affiliated with Modern Tech. Until this report is received, the two service sites can still be accessed.

The victims acknowledged that during this time the services of Modern Tech could present an increase in the results of the investments they made to Modern Tech's bully business. They began to feel strange because the investment profits could not be disbursed in cash.

Local Vietnamese media, Toui Tre News, said that the total losses due to fraud which reached Rp9 billion represented 32,000 victims. This fraud is also referred to as the biggest crypto money fraud ever.

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