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Vietnamese Police bust an illegal $1.3 Billion online gambling ring


Posted on the 28th of April 2019

Vietnamese Police bust an illegal $1.3 Billion online gambling ring

Vietnamese authorities recently discovered and busted an online gambling network that had handled nearly $1.3 billion in illegal bets. Police arrested and charged 22 persons during the raids, 12 of whom are believed to be among the organizers. Some of the charges included taking part in an illegal online betting operation, money laundering, misappropriation of assets, and illegal trading. Last year, Vietnamese police busted an illegal betting ring that had handled $420 million in bets, but this one is by far the largest bust and could very well be the biggest illegal online gambling ring to have been dismantled in Southeast Asia.

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