{"id":8552,"date":"2025-01-27T05:38:42","date_gmt":"2025-01-27T05:38:42","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/01\/27\/vietnam-cracks-down-on-billion-dollar-money-laundering-operation-linked-to-online-gambling\/"},"modified":"2025-01-27T05:38:42","modified_gmt":"2025-01-27T05:38:42","slug":"vietnam-cracks-down-on-billion-dollar-money-laundering-operation-linked-to-online-gambling","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/01\/27\/vietnam-cracks-down-on-billion-dollar-money-laundering-operation-linked-to-online-gambling\/","title":{"rendered":"Vietnam Cracks Down on Billion-Dollar Money Laundering Operation Linked to Online Gambling"},"content":{"rendered":"<div>\n<p>A billion-dollar money laundering scheme linked to illicit online gambling has been taken down by Vietnamese authorities. This is among the biggest financial criminal busts in the history of the nation.<\/p>\n<p>Five people were detained by Danang police on January 23 for allegedly laundering VND30 trillion, or roughly $1.2 billion. The operation, which ran from 2022 to 2024, was based on a complex plan that used fake documents and false identities.<\/p>\n<p>To hide money from offshore gaming and fraud, the gang opened 600 corporate bank accounts and established 187 fictitious companies. Employees of the bank who helped with the transactions were among those engaged. This is the biggest money laundering case the city has ever seen, according to the authorities.<\/p>\n<h2>Illegal Sports Betting Operation Busted<\/h2>\n<p>Just days earlier, police in Vietnam uncovered a multimillion-dollar illegal online gambling ring operated by gangster Tran Trung Hieu, known as Hieu De. Based in Dong Nai province, the football betting network amassed VND1.2 trillion since 2023.<\/p>\n<p>Law enforcement detained Hieu De and 15 others, seizing over VND1.1 billion in cash. Vietnamnet reported that the operation employed \u201cprofessional, complex, and sophisticated methods\u201d to evade detection.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Although online gambling remains illegal in Vietnam, the black market continues to flourish. Experts estimate its value at VND250.6 trillion, driven by demand and easy access to international betting platforms. Football betting dominates this underground scene, with most wagers placed on global matches.<\/p>\n<p>Vietnam\u2019s recent enforcement actions highlight the government\u2019s commitment to tackling financial crimes and illegal gambling. The scale and sophistication of these operations underscore the challenges authorities face in curbing these activities.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/vietnam-cracks-down-on-billion-dollar-money-laundering-operation-linked-to-online-gambling\/\">Vietnam Cracks Down on Billion-Dollar Money Laundering Operation Linked to Online Gambling<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A billion-dollar money laundering scheme linked to illicit online gambling has been taken down by Vietnamese authorities. This is among the biggest financial criminal busts in the history of the nation. Five people were detained by Danang police on January 23 for allegedly laundering VND30 trillion, or roughly $1.2 billion. The operation, which ran from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-8552","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=8552"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8552\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}