Large Criminal Activity
$2M in cash, 280 kg of gold seized in Vietnam's biggest forex scam involving TikToker 'Mr Pips'
Hanoi police initiate criminal proceedings against 83 defendants linked to a major asset fraud ring led by TikToker Pho Duc Nam, alias 'Mr Pips.', seizing $2 million in cash and 280 kilograms of gold.
Hanoi police on Wednesday initiated criminal proceedings against 83 defendants tied to a major asset fraud ring led by Pho Duc Nam, widely known as TikToker 'Mr Pips'. The investigation uncovered large‑scale asset fraud operations involving substantial financial and physical assets, with authorities seizing $2 million in cash and 280 kilograms of gold from the suspects. The case is described as one of Vietnam's biggest forex‑related scams, highlighting organized criminal activity revolving around fraudulent investment schemes.
- Status
- active
- Location
- Hanoi, Vietnam
- Date added
- 2026-03-25 23:27 UTC
- Last updated
- 2026-03-25 23:27 UTC
- Source
- https://e.vnexpress.net
- Connected threats
-
- Not Available