Bank Accounts to Be Frozen for Unauthorized Transactions
Authorities in Tay Ninh province warn that bank accounts will be frozen if unauthorized transactions occur.

In a recent operation, the police in Nghe An province arrested two young individuals for their involvement in a fraudulent scheme involving online bank accounts. The suspects, identified as Phan Anh Hong Duc, born in 2005, and Ph.A.T., born in 2009, were apprehended for renting and selling 53 bank accounts registered under 19 individuals.
According to the Nghe An police, the arrests were made on July 14, 2026, following an investigation into suspicious activities on social media. The police discovered that the suspects were part of a network that operated through private groups, primarily composed of students, where they sought individuals willing to rent or sell their online bank accounts. The prices for these accounts varied between 60,000 VND to 200,000 VND each, which were then resold to other parties for profit.
Phan Anh Hong Duc was found to have rented nine individuals to open 26 online bank accounts, which he subsequently sold, earning around 15 million VND. Meanwhile, Ph.A.T. rented ten individuals from various localities to open 27 accounts, also profiting approximately 15 million VND from the sales.
The police have initiated legal proceedings against both suspects for illegally collecting, storing, exchanging, and selling information regarding bank accounts. This incident highlights the ongoing issue of online fraud in Vietnam, particularly involving young individuals who may be unaware of the legal repercussions of such activities.
The investigation continues as authorities aim to dismantle the broader network involved in this fraudulent operation.