Senior SHB executive arrested for alleged fraud

January 13, 2015 | 08:56

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Saigon-Hanoi Commercial Joint Stock Bank (SHB) senior executive Tran Huy Anh was arrested on January 9 for allegedly misappropriating hundreds of thousands of US dollars, tuoitre.vn reported.

Transactions at Saigon-Hanoi Commercial Joint Stock Bank. Head of SHB's Thai Thinh transaction office was arrest for misappropriation. - Photo dantri.com.vn

Huy Anh, 32, is the head of the SHB's transaction office located on Thai Thinh Street.

The Director of SHB's Ba Dinh branch and its internal audit department chief had caught Huy Anh red handed on December 12, 2014, when he was found using the bank's official seal to stamp a fake deposit contract worth about VND30 billion (US$1.4 million).Following the incident, the SHB's branch had reported the case to the police.

According to tuoitre.vn, a customer in the Dong Da District had deposited $230,000 with a 15-month term at SHB's Thai Thinh's branch on July 16, 2014. However, Huy Anh did not enter the money into the bank's system but kept it for personal use.

In November 2014, the customer wanted to withdraw the money, but Huy Anh failed to pay her. He reportedly then persuaded the customer to sign a fake VND30 billion-deposit contract and used this contract to borrow money from another bank.

VNS

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