The Rikvip Case – Unveiling Vietnam’s Largest Online Fraud And Gambling Scheme

The Rikvip case is one of the largest online fraud and gambling cases in the history of Vietnam. The cause of this case stems from the greed and violation of the law by the defendants, especially Nguyen Van Duong and Phan Sao Nam.

Before committing the crime, Nguyen Van Duong had a successful career in the field of transportation and was also the chairman of the Board of Directors of UDIC company. However, Duong was not satisfied with his achievements and decided to venture into the field of information technology and online payment gateways. He established CNC company and hoped to achieve even greater success.

At this time, Nguyen Van Duong met Phan Sao Nam, who had deep knowledge in information technology and was also a co-founder of the Rikvip/Tip.Club gambling software. Duong saw an opportunity and decided to collaborate with Nam to develop an online card game portal in Vietnam.

With the combination of Duong and Nam, the Rikvip game portal was born and attracted players to participate in rewarding card games. However, this activity was illegal, and Duong used his connections to legitimize this illegal gambling operation. He connected with high-ranking officials in the police force, including Nguyen Thanh Hoa and Phan Van Vinh, to ensure that Rikvip’s operations would not be interfered with.

During its operation, Rikvip generated huge profits, surpassing billions of Vietnamese dong and spreading across 13 provinces and cities. However, shortly thereafter, the case came to light when a citizen’s account was hacked and the police conducted an investigation. From this information, the police realized that all the fraudulent transactions and gambling activities originated from the Rikvip game portal.

The Rikvip case caused a public outcry and highlighted corruption and violations of the law within the Vietnamese police system. The main defendants in this case, Phan Sao Nam and Nguyen Van Duong, were identified as the masterminds behind the online gambling activities. Both were convicted and held criminally responsible for the charges they had committed.

Among them, Nguyen Van Duong received the highest sentence, with 10 years in prison and a fine of up to 1.7 trillion Vietnamese dong, which is the amount of illegal profits he obtained from online gambling activities. This severe punishment aims to serve as a deterrent for lawbreakers and also serves as a warning to society about the consequences of participating in online gambling and fraud activities.

The Rikvip case affirmed the determination of functional agencies to control, prevent, and punish violations of the law in the field of information technology and online gambling. At the same time, it provided a warning to the public about the risks and consequences of engaging in illegal activities and online gambling.

To prevent and deal with similar cases, it is crucial to raise community awareness about the risks and consequences of participating in online gambling. The police need to continue enhancing their legal, technological, and communication capabilities to more effectively combat technology-related crimes and ensure the safety of the people. Additionally, international cooperation is necessary to apprehend fraudsters and cybercriminals operating globally.

Based on the experiences and lessons learned from the Rikvip case, the construction and implementation of preventive measures, detection, and punishment of crimes in the field of information technology and online gambling will become a top priority for the relevant authorities. Only through collaboration and joint efforts of the entire society can we ensure a safe and healthy online environment for everyone.