Short Sale Blogger

Nguyen Van Duong was arrested in 2017 and received a 10-year prison sentence in a case related to online gambling and money laundering. After the arrest, Duong and Phan Sao Nam were indicted and prosecuted by the judicial authorities. A total of 74 defendants were involved in this case, with 30 directly linked to online gambling, asset misappropriation, invoice trading, and money laundering. After a 12-day trial and 4 days of deliberation, on the afternoon of November 30, 2018, the Trial Council issued formal verdicts for the defendants.

Nguyen Van Duong is one of the two masterminds of the case and was convicted of two charges: illegal gambling and money laundering. The total sentence Duong has to serve is 10 years in prison, along with the forfeiture of nearly 1,700 billion Vietnamese dong. This sentence was established based on lenient policies, allowing Duong to have his sentence reduced if he pays the fines and complies with other conditions. However, currently, Duong and his family have only paid about 400 million Vietnamese dong, and they still need to fulfill the payment of nearly 1,300 billion Vietnamese dong. Duong’s financial situation is facing difficulties in recovering this amount. Meanwhile, Phan Sao Nam, the other co-mastermind, only has to fulfill a https://nguyenvanduong.net sentence of nearly 1,400 billion Vietnamese dong and has almost completed the payment, with a shorter execution time compared to Duong.

At present, Nguyen Van Duong’s parents have passed away, and his wife is left to care for their four young children, including the youngest one who is just over one year old. The enforcement agency has responded that it is difficult to recover the amount of the sentence. Therefore, Nguyen Van Duong still has four more years to serve to complete the sentence.