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Vietnamese police dismantle online football betting ring involving about US$3 million

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Summary

Ho Chi Minh City police reported on December 31 that they had arrested 24 people in an online football betting case involving over VND80 billion, about US$3 million.

On December 31, police in Ho Chi Minh City, Vietnam, announced that they had dismantled a large online football betting ring and arrested 24 people allegedly involved. The case involved more than VND80 billion, approximately US$3 million.

Police investigators found that the group obtained a football betting “super master account” from unidentified people abroad, then divided it into multiple accounts for agents and bettors to place bets on several football betting websites. The group allegedly made illicit profits by artificially widening differences in odds and collecting commissions.

Compiled report by this station

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