Nguyen Van Duong – Challenges In Enforcement And Justice For Financial Crimes


Nguyen Van Duong, one of the masterminds behind an illegal gambling and money laundering operation, was arrested in 2017 after the provincial police in Phu Tho received a report of stolen funds from a bank account. Subsequent investigations revealed a widespread gambling network involved in embezzlement, invoice trading, and money laundering.

Following their arrest, Nguyen Van Duong and Phan Sao Nam became the primary defendants in this case. A total of 74 individuals were indicted, including 30 directly linked to online gambling, embezzlement, and money laundering. After a 12-day trial and four days of deliberation, on the afternoon of November 30, 2018, the Trial Council handed down official verdicts for the accused, nearly a year after Nguyen Van Duong’s arrest.

Nguyen Van Duong was convicted of two main charges: illegal gambling and money laundering. He received a combined sentence of 10 years in prison and was ordered to pay a fine of nearly 1.7 trillion Vietnamese Dong. However, due to leniency policies, if Duong fulfills the required fine, he may be released from prison before serving the full term.

Nevertheless, the enforcement and recovery of this penalty from Nguyen Van Duong pose significant difficulties. Despite approximately 400 million Vietnamese Dong being collected through enforcement, he still has an outstanding amount of nearly 1.3 trillion Vietnamese Dong to fulfill. His financial situation does not allow for the recovery of this sum, especially as his parents have passed away, and his wife is left to support their four young children, including an infant just over one year old. The enforcement agency has responded that it is highly unlikely to recover this amount. Therefore, Nguyen Van Duong is expected to serve the remaining four years of his sentence to complete the verdict. Meanwhile, his co-conspirator, Phan Sao Nam, only needs to fulfill a penalty of nearly 1.4 trillion Vietnamese Dong and has already made significant progress in meeting this requirement. Nam’s enforcement period is also shorter than Duong’s.

The challenging situation faced by Nguyen Van Duong raises reflections on the justice system and the impact of financial crimes on individuals and their families. This story also raises questions about the ability to recover fine penalties and the fairness of the enforcement process. While he confronts a difficult future, all relevant parties must make efforts to find reasonable solutions to address this issue and ensure justice for all involved parties.

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