Understanding The Origins That Led Nguyen Van Duong To Commit A Crime

Before delving into the information that led Nguyen Van Duong to commit a crime in the multi-billion gambling case of Phan Sao Nam, it is important to understand who Nguyen Van Duong is. Nguyen Van Duong is known as a successful businessman and the chairman of CNC Company. The company was established in September 2021 with an initial capital of 20 billion Vietnamese dong.

In April 2017, after 6 years of operation, Nguyen Van Duong’s CNC Company was granted a license to provide intermediary payment services. CNC was authorized to operate for a period of 10 years and offered three main service categories: electronic payment gateway, electronic wallet, and collection and payment services.

Prior to being the chairman of CNC, Nguyen Van Duong was also the Chairman of the Board of Directors of UDIC Investment Company. This company was also a member of the investment consortium for the construction of the Bac Giang – Lang Son expressway. However, due to weak financial capacity, UDIC had to participate in a restructuring plan with another group of investors to continue the project.

However, his life was influenced and his entrepreneurial career came to an end when he became involved in the multi-billion gambling case with Phan Sao Nam. This case also involved two high-ranking leaders in the police force under the C50 Department. Currently, he has been arrested and is serving his sentence.

Understanding the origins that led Nguyen Van Duong to commit a crime in the multi-billion gambling case of Phan Sao Nam Phan Sao Nam’s multi-billion gambling case involves the mastermind behind the RikVip game development company that caused a stir in Vietnam, as this network was related to two high-ranking leaders in the police force. In this case, another key member who collaborated with Phan Sao Nam was Nguyen Van Duong. So, what were the origins that led Nguyen Van Duong to commit a crime?

In 2015, Phan Sao Nam first met Nguyen Van Duong. Through their conversation, Nam learned that Duong was the chairman of CNC Company, a reputable company affiliated with the High-Tech Crime Prevention Police Department under the General Department of Police in Vietnam. Therefore, Phan Sao Nam proposed a collaboration with Nguyen Van Duong to develop online card game software on the internet.

Upon receiving this proposal from Phan Sao Nam, nguyen van duong Nguyen Van Duong agreed to sign a contract. This was the origin that led Nguyen Van Duong to commit a crime, related to an illegal gambling network.

After the two parties completed the contract, Duong instructed his company’s staff to register trademarks, purchase domain names, and build online payment gateways to collect revenue from illegal gambling activities. From there, the two parties would share the profits according to the agreed terms, with illicit gains from the gambling organization reaching up to 1,655 billion Vietnamese dong.

How long is Nguyen Van Duong sentenced to prison? Nguyen Van Duong committed crimes related to the multi-billion gambling network of Phan Sao Nam. So, what was his verdict, and how long is his prison sentence?

According to the investigation and after a 12-day trial and 4 days of deliberation, the trial panel officially pronounced sentences for those involved in the multi-billion gambling network of Phan Sao Nam on the afternoon of November 30, 2018. Nguyen Van Duong, in collaboration with Phan Sao Nam as the leader of the illegal gambling organization, was convicted of the following charges:

  • Organizing illegal gambling and sentenced to 5 years in prison.
  • Money laundering and sentenced to 5 years in prison.

Therefore, the origins that led Nguyen Van Duong to commit a crime were greed and violation of the law, resulting in a 10-year prison sentence. This punishment reflects the severity of the legal violations. Currently, Nguyen Van Duong is still serving his sentence, and if he shows good rehabilitation, he may receive leniency from the law.

Conclusion The above article has provided information about the multi-billion RikVip gambling case, answering the question of what led Nguyen Van Duong to commit a crime. This case serves as a wake-up call for those involved in illegal gambling and fraud. Therefore, before engaging in gambling activities, it is important to consider and comply with the law.