Get the latest crypto news, updates, and reports by subscribing to our free newsletter.
Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
© 2026 Index.vn
Debt-purchase contracts that appeared legitimate were used to justify an extortion scheme, according to the Ho Chi Minh City Police’s Criminal Police Department. The case involved illegal debt-collection activities carried out by a group affiliated with Nhất Tín Debt Buying Co. in Tam Long ward and the Ba Ria Market area.
Investigators said Nhất Tín Debt Buying Co., led by Ho Minh Dat (born 1972) together with his wife Nguyen Thi Giang and multiple staff members, organized illegal debt-collection operations. The group used the label “debt purchase contracts” to formalize the activity, but investigators determined it was actually debt collection in exchange for a share of 30% to 50%.
Through a relationship with Nguyen Trung Duc (born 1978), Dat’s group demanded approximately 70 billion dong from Ms. N.T.B.T. on behalf of Ms. T.T.B.B. After signing the alleged “fake contracts,” the suspects repeatedly visited the victim’s home and business to harass, threaten, and pressure repayment.
From late July 2025 to early October 2025, the group mobilized many people, wore company uniforms, displayed tattoos, and traveled by car to the victim’s home and storefronts. Investigators said the suspects gathered in large crowds, shouted threats, and obstructed business operations.
Some participants allegedly assaulted individuals, damaged property, and intimidated the victim’s relatives and staff to force payment. The group also operated through multiple teams, rotating to patrol the area, and the pressure continued for a prolonged period, affecting the victims’ mental state and seriously disrupting their life and business.
Prosecutors charged 9 defendants and continued investigating others. Based on the case materials, the Ho Chi Minh City Police’s Criminal Police initiated charges and arrested Nguyen Trung Duc for extortion under Article 170, Clause 4.
At the same time, eight defendants were charged with the same offense: Ho Minh Dat, Nguyen Thi Giang, Dang Viet Dung, Nguyen Khac Trung, Hoang Van Cuong, Dang Thanh Vuong, Ho Quang Vinh, and Tran Van Hoa. Investigators said they continue to search for additional individuals involved, including some who are at large.
Evidence seized in the case includes multiple debt-purchase contracts, company seals, uniforms used for debt collection, and vehicles used in the crime.

Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…