This week 56 people convicted of running an online betting ring in Ho Chi Minh City, Vietnam were sentenced this week.
The defendants were found guilty of running a ring associated with 188bet, and were handing sentences ranging from 9 months to 8 years in prison. Eight of the individuals were given stiff fines ranging between $1,300 and $2,200 USD. The ringleader of the enterprise was Vuong Chan Thanh, who was given a stiff 8 year prison sentence.
The ring was alleged to have operated between 2011 and 2013, with Thanh also running a telecommunications firm. Thanh had his employees and family members set up more than 55 bank accounts to run the crime ring and then funneled roughly $30 million USD to the accounts, which were generated from bets placed at 188bet