Hanoi Police Have Not Received Complaints About Gold Purchases Made Using Appointment Slips at Bao Tin Minh Chau

On the afternoon of April 6, Hanoi City Police held a press conference to update the public on the city’s security situation, results in maintaining public order, and several typical cases. Colonel Chu An Thanh, head of the Economic Crime Investigation Department (PC03) for economic crimes, corruption, and smuggling, provided further information about the case involving Bao Tin Minh Chau Co., Ltd.

Police statement and ongoing clarification

During the investigation, authorities seized numerous documents and raw gold. Police said they are clarifying the origin of the gold to determine the appropriate handling measures.

In response to reporters’ questions about customers who reportedly bought gold but only received appointment slips, Colonel Chu An Thanh said that, to date, Hanoi Police have not received any complaints or reports from the public. “This is a civil transaction. If there are complaints or reports, Hanoi Police will clarify each case,” he stated, adding that Bao Tin Minh Chau continues to operate normally and protect customers’ rights.

Prosecution and charges

Mr. Vu Minh Chau was prosecuted for the crime of “Accounting violations causing serious consequences.” On April 2, the Hanoi Police Department of Investigation issued an indictment and charged Vu Minh Chau, Vu Minh Tu, and two Bao Tin Minh Chau employees with the crime of “Violations of accounting causing serious consequences.”

Company background and legal representative change

Bao Tin Minh Chau Co., Ltd. operates in gold and jewelry manufacturing, trading, and sales, with Mr. Vu Minh Chau as CEO and legal representative. From October 28, 2024 to now, the company changed its legal representative from Mr. Vu Minh Chau to Ms. Pham Lan Anh (cohabiting as a couple).

Investigation findings and alleged impact

According to initial findings, from 2020 to 2023, data extracted from the Hivi Gold software indicated the company’s actual revenue was about 13,700 billion VND, while tax reports showed a difference of about 9,700 billion VND. Police said this resulted in a loss to the state budget of about 150 billion VND.

Seizures during searches

Searches at Bao Tin Minh Chau’s premises and related entities led to the seizure of 23.3 billion VND in cash, seven red-book documents, and a large quantity of gold and silver items.

Next steps

The investigation continues as authorities pursue additional evidence and verify the origins of the materials involved.