Hanoi court tries 188 in Mr Pips’ $160.4mn investment fraud case

Tuoi Tre News26 October 2026, 12:20 UTCVietnam

The Hanoi People’s Court on October 26 opened the trial of 188 defendants in a major investment fraud case involving Pho Duc Nam, known as Mr Pips, whose alleged fake trading platforms defrauded more than 900 investors of nearly VND1.56 trillion (US$60.4 million).

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