Conducting transactions online in Industry 4.0 has become so familiar with many people that they consider this method the most popular choice to purchase merchandise instead of the traditional ways of visiting markets or supermarkets. This calls for appropriate legal corridors to protect consumer rights in such virtual transactions.
Even though cryptocurrencies are not legally recognized in Vietnam, they have gradually become popular due to unlawful trading via specific platforms. As their value is quite high, lately, there have been infamous cyber-attacks or scams aiming at appropriating cryptocurrencies.
Chief of the Ministry of Public Security Office Lieutenant General To An Xo announced the determination of the Public Security Ministry (MoPS) in handling cases of faking officers of MoPS to carry out fraudulent activities.
The Investigation Police Agency (under the Ho Chi Minh City Public Security) yesterday announced that it has prosecuted, detained, and examined the residence of Tran Quang Son – General Director of HSBC Vietnam Financial Group JSC. (HSBC Vietnam) to investigate the crime ‘fraud and property appropriation’.