Two foreign nationals born in 1998 were arrested for USDT fraud in Bac Ninh, stealing more than 200 million VND.

The Bắc Ninh Provincial Police have just issued a notice calling for victims related to USDT scam cases. Previously, the Bắc Ninh Police Investigation Agency (PC01) had prosecuted the case and temporarily detained two Chinese nationals on charges of fraud and asset appropriation. These individuals carried out multiple cases of cash theft and theft of expensive electronic devices in the area.

Two 1998-born youths plan elaborate schemes

According to investigation documents, the two detained individuals are Bi Shuang and Cui Feiyang, both born in 1998 and of Chinese nationality. Lacking money for expenses, they agreed to use the WeChat app to approach people needing to transact large assets. From there, they began planning scams with nearly identical methods.

Fake transaction tricks via virtual exchanges

Their operation methods are quite sophisticated. They pretend to need to convert USDT cryptocurrency into Vietnamese dong or purchase electronic products to approach victims. After agreeing to meet, they exploit moments when victims are distracted, with one of them attempting to leave the scene while leaving the other behind. The remaining person then lures victims to restaurants or public places, then quickly flees with money or goods.

First case: Theft of 120 million VND

On January 8, 2026, the two arranged to meet a person named Liu Wei. They pretended to need to convert USDT into Vietnamese dong. After receiving 120 million VND from the victim, Bi Shuang left first claiming to handle personal matters. Cui Feiyang then took the victim to Cảnh Đêm Hồ Sen restaurant (286 Hàn Thuyên Street, Kinh Bắc ward). During the meal, he exploited the victim’s distraction, escaped through the back door, and fled immediately.

Second case: “Missing” iPhone

On January 26, 2026, the two reused their previous plan. This time, they met a person named Wang Chang Liang at a coffee shop to sell three iPhones (including two iPhone 17 Pro Max and one iPhone 14 Pro Max) valued at about 93 million VND. After inspecting the phones under the guise of checking, they continued with their old trick: leading the victim to a restaurant and then trying to escape again.

Investigation results and handling

At the police agency, both suspects admitted to all their criminal behaviors. The stolen assets were sold to phone shops, and the two split the proceeds for personal use. Since the case involves foreign nationals, the Bắc Ninh Provincial People’s Committee Office sent a diplomatic note to the Chinese Embassy in Vietnam to request cooperation in verifying the suspects’ identities and criminal records.

Currently, PC01 of Bắc Ninh Police has issued an indictment and detention order for both individuals to continue expanding the investigation. They also call on other victims related to this group to contact the authorities and provide information.