Cần Thơ City Police have prosecuted 24 suspects in a virtual gold investment scam ring that lured victims through the Phantom app, with its operations based in Cambodia. Initial findings show the group stole over VND 26.5 billion across four cases, and investigators believe the actual number of victims may be higher. Suspects guided victims to install the app, create accounts and transfer money into a virtual gold trading platform. After taking the money, they ran a second-round fraud by posing as lawyers offering to recover the losses and demanding further payments, then cut off contact once victims could pay no more. Police urge people nationwide who were lured into virtual gold investments via Phantom or similar methods to come forward with information.
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Original headline: Triệt phá đường dây lừa đảo đầu tư vàng ảo qua ứng dụng Phantom
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