Insights into Nguyen Van Duong you should know Nguyen Van Duong is the son-in-law of Pham Quang Nghi, former Secretary of Hanoi City. Born in 1976, Duong hails from Phu Tho province. Prior to his arrest, Nguyen Van Duong served as the former Chairman of Bac Ha Investment and Construction Joint Stock Company. He is believed to have been the mastermind behind a billion-dollar gambling operation that was dismantled in 2018. He is known as one of the largest gambling kingpins in Vietnam to date.
Details of Nguyen Van Duong’s billion-dollar gambling case As one of the largest gambling kingpins in Vietnam, Nguyen Van Duong, the former Chairman of Bac Ha Investment and Construction Joint Stock Company, was believed to be the mastermind behind a billion-dollar gambling operation that was dismantled in 2018.
According to investigators, Duong organized online gambling activities and assembled a group of individuals to carry out this operation. To attract a large number of players, he employed enticing advertising strategies offering high rewards and profits.
In a short period after its establishment, this operation rapidly expanded across 13 provinces and cities in Vietnam. It involved a total of 25 betting agency representatives and operating servers located in the capital city of Hanoi.
To execute his actions, Nguyen Van Duong collaborated with Phan Sao Nam, the initiator, and 90 other related individuals. Among them was Nguyen Thanh Hoa, the former Director of the C50 Department at that time, who not only acted as a protector but also facilitated the activities of these individuals.
How much did Nguyen Van Duong have to pay when arrested? According nguyen van duong to the General Department of Enforcement of Judgments, Nguyen Van Duong and Phan Sao Nam were the leaders of the large-scale gambling operation through the Rikvip/Tip.club online card game platform.
The operation consisted of two main levels, with 25 level 1 agents and 5,877 level 2 agents, estimated to involve nearly 43 million gambling accounts. Based on statistics, the estimated amount of money generated from this online gambling activity exceeded 9.853 trillion Vietnamese dong.
Considering the severity and scale of the illicit funds obtained through the gambling operation, the penalty amount for Nguyen Van Duong’s compliance with the execution of the judgment was calculated to be 1.655 trillion Vietnamese dong, based on the total benefits derived.