Mr Pips arrest: Shocked by the confiscated supercars worth hundreds of billions of dong from the mastermind

Gia NhiDec 12, 2024 at 14:04

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Cau Giay District Police recently coordinated with Hanoi City Police to destroy a large-scale fraud and property appropriation ring led and operated by Pho Duc Nam (30 years old, aka Mr Pips) and Le Khac Ngo (aka Mr Hunter).

According to authorities, during the investigation, the authorities identified 2,661 victims. The total amount of money the victims deposited was approximately 50 million USD (about more than 1,260 billion VND).

The investigation team determined that Pho Duc Nam was the ringleader in this case. Up to now, this is the largest fraud ring in Vietnam in the field of foreign exchange and securities.

Mr Pips arrest: Shocked by the confiscated supercars worth hundreds of billions of dong from the mastermind - Photo 1

During the investigation, the authorities seized assets worth about 5,200 billion VND from Nam and his accomplices, such as 316 billion VND in accounts, bonds worth 9 billion VND, savings books worth more than 200 billion VND; 69 billion VND, 2.3 million USD; 890 SJC gold bars; 246 kg of solid gold...

Notably, in this case, Hanoi City Police also seized Rolls-Royce, Lamborghini, Mercedes AMG G63... These are all supercars worth up to tens of billions of dong and among them are limited editions with "huge" license plates.

Mr Pips arrest: Shocked by the confiscated supercars worth hundreds of billions of dong from the mastermind - Photo 2

Typically, the "luxury supercar" Rolls-Royce Cullinan with a license plate of four 3s, the car uses a 6.75 liter V12 engine, 563 horsepower and maximum torque of 850 Nm. The rolling price of Cullinan in Vietnam is about 36 - 45 billion VND, depending on the version. For this license plate, car enthusiasts believe it is not less than 1 billion VND.

Mr Pips arrest: Shocked by the confiscated supercars worth hundreds of billions of dong from the mastermind - Photo 3

The Mercedes-AMG G63 with license plate 30H (Hanoi) has a rolling price of over 12 billion VND. The G63 AMG is currently imported as a whole. The car has a 4.0, V8 engine, 585 capacity, 6000 rpm horsepower, 850 Nm torque at 2500-3500 rpm. 9-speed AMG automatic transmission, multiple driving modes, paddle shifters on the steering wheel...

Mr Pips arrest: Shocked by the confiscated supercars worth hundreds of billions of dong from the mastermind - Photo 4

This is a Jaguar F-Type model. The yellow hardtop version has a listed price of over 5.6 billion VND, while the red convertible version has a listed price of over 6 billion VND. If it is on the road in Hanoi, the yellow Jaguar F-Type is priced at around 6.3 billion VND, and the red one is nearly 7 billion VND.

Regarding the Jaguar F-Type, this model has 3 engine options: 2.0 Ingenium, 3.0 V6 supercharged and 5.0 V8 supercharged. The 2.0 version has 300 horsepower, the 3.0 version has 380 horsepower, both come with wheel drive, while the 5.0 version has 575 horsepower, all-wheel drive, accelerating from 0-100 km/h in 3.7 seconds.

Mr Pips arrest: Shocked by the confiscated supercars worth hundreds of billions of dong from the mastermind - Photo 5

Meanwhile, the Nissan GT-R R35 Nismo Special Edition is a rare sports car, limited to 300 units worldwide. Currently, only one unit has been brought to Vietnam privately, with a price of about 17 billion VND. This is a controversial car line as many car enthusiasts say that this price is quite high.

Mr Pips arrest: Shocked by the confiscated supercars worth hundreds of billions of dong from the mastermind - Photo 6

The Porsche 911 Turbo S has a rolling price of nearly 20 billion VND. The car uses a 3.8-liter twin-turbocharged I6 engine, 640 horsepower and 800 Nm of torque, with a maximum speed of 330 km/h.

Mr Pips arrest: Shocked by the confiscated supercars worth hundreds of billions of dong from the mastermind - Photo 7

Lamborghini Urus (copper yellow) has a new rolling price in Hanoi of up to 18 billion VND. The super SUV has a 4.0L V8 twin-turbo PHEV engine with a total power of up to 800 horsepower and 950 Nm; helping the car accelerate from 0 - 100 km/h in just 3.4 seconds.

Mr Pips arrest: Shocked by the confiscated supercars worth hundreds of billions of dong from the mastermind - Photo 8

As of December 11, the Investigation Agency has received reports from 18 victims with a total amount of money misappropriated of VND 28,443,000,000. Currently, there are many other victims who have not reported, the Investigation Agency has not yet determined the information and amount of money misappropriated.

Mr Pips arrest: Shocked by the confiscated supercars worth hundreds of billions of dong from the mastermind - Photo 9

It is worth mentioning that the subjects have "defrauded" to the point that the victims do not think they are being deceived, but mistakenly think that they are facing risks in investment. A representative of the Cau Giay District Police (Hanoi) said: "During the verification process, the investigation agency encountered many difficulties because the victims thought that these were licensed, legitimate stock exchange sites, and that the loss of money was due to luck, so many victims did not report and did not cooperate, refusing to provide information from the subjects."

Mr Pips arrest: Shocked by the confiscated supercars worth hundreds of billions of dong from the mastermind - Photo 10

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