In the Rikvip case, the assets of Nguyen Van Duong became associated with illegal activities related to the illicit gambling ring. According to information from the case, the revenue generated from the illegal gambling operations amounted to approximately 9,853 billion Vietnamese dong. Out of this amount, after deducting payouts, management expenses, salaries, and taxes, the individuals at the helm of the operation profited a total of 4,700 billion dong. Among them, Nguyen Van Duong, the Chairman of the Board of Directors of CNC Company, enjoyed 1,655 billion dong.
During the course of the case, the assets of Nguyen Van Duong were confiscated in multiple stages. Firstly, after the discovery and dismantling of the Rikvip gambling ring, the authorities conducted searches and temporary seizures of his assets. During this phase, certain assets such as cars, cash, and bank accounts were seized to ensure the interests of the case.
Subsequently, through the investigation and trial process, the assets related to Nguyen Van Duong’s illicit gambling activities were seized. According to the announcement from the investigating agencies, the seized assets included real estate, cars, cash, and related bank accounts. The asset seizures were aimed at ensuring the full compensation for the damages caused by the illicit gambling operations and enforcing the legal decisions in the case.
However, to safeguard the rights of the accused during https://nguyenvanduong.net the investigation and trial, the confiscated assets will be preserved and managed according to the provisions of the law. In the event that the accused is convicted and required to compensate for the damages, the seized assets may be utilized for compensating the individuals affected by the illicit gambling activities.
Therefore, in the Rikvip case, the assets of Nguyen Van Duong became associated with illicit gambling activities and were confiscated during the investigation and trial process. The recovery of these assets aims to ensure public interest and enforce the legal decisions related to the case. Through this case, we also recognize the consequences of participating in illegal gambling and fraud, and the need for careful consideration before engaging in any gambling-related activities and adhering to the law.