Vietnam construction bank scandalis hitting headlines in Vietnam. Empty ATM envelope deposit issues which are not that common issue, but still they exist. A criminal or dishonest persons overdraft letters which means money is withdrawn directly from a bank account and the all available balance goes below zero and it can also result due to the account holder for making a worthless or valueless and misrepresented or false account deposit at an automated teller machine in order to acquire or secure more cash than present in the account or also to prevent a check from being returned back due to non-sufficient funds.United States banking law or systems makes the first hundred dollars immediately available and it might be also possible for much more uncollected or not claimed funds to be completely or partially lost by the bank on the following business day before this type of fraud is found or discovered.
The crime or offence could also be carried out or illegally against another person’s account in an account takeover process or with a fraudulent imitation ATM card or might be an account opened in another person’s or client’s name as part of an identity theft or crime or scam. The emergence or disclosure of ATM deposit technology or application that scans or looks carefully to detect currency and checks or examines without using an envelope or covering wrappers might prevent this type of fraud or cheat or crime in the future.After the collapse or subside of state shipping, the government ordered and instructed to divest or deprive from noncore investments to all state enterprises but many have still not complied.
Since a long time there have been a series or string of recent high-profile arrests like property tycoons and of wealthy businessmen and directors or executives over claims or assertion and allegations of corruption along with embezzlement and incompetence.In previous years police had arrested the former chairman’s Petro Vietnam over severe mistakes that had allegedly led to the major loss of a 38 million in Ocean Bank. The troubled lenders were taken over by the government after being majorly rocked by a major scandals or crimes or frauds of its own or through their business. Pham Cong Danh was also arrested for frauds with banks with his all partners who have huge losses through their crimes in the now infamous Vietnam construction bank scandal.
Ocean Bank’s former chairman Ha Van Tham, who was once among the Vietnam’s richest businessmen, is now kept in detention with pending punishes for violations of lending legal regulations which also included and approving millions of dollars of loans without proper or serious collateral.Identity the thefts and also Impersonation is one of most increasing problem examples for such are the scam operates just by obtaining or gaining information’s about an individual and then using the information which can apply for identity cards or any kind of accounts and credit in that same person’s name. Frequently more little than the name used, parents’ name along with date or also place of birth are much sufficient to obtain easily a birth certificate; such each documents obtained is then used as similar identification just to obtain more related identity documents.
They also include Government issued some standard identification numbers for example social security numbers which are also totally valuable to the fraudster.Information might also be obtained from high level insiders such as dishonest bank and also fraud government employees by fraudulent or fake or spam offers for employment and make investments in which the victims or person are asked for a long list or record of personal information and by sending forged or fake bank and also taxation correspondence. Some fictitious and also imaginary tax forms which are purported or claimed have been sent by banks easily to clients.The origin of these forms in actual is neither the bank themselves nor the taxman or tax related persons. They are sent by potential or probable identity thieves and it doesn’t exist or is also fictitious and is also real but might have been also tampered and interfered to add some more intrusive additional questions. The original forms on which these fakes were based are intended or planned to collect or bring information for income tax on income from deposits and investment.