Hanoi City Police Warns Against Cryptocurrency Investment Scams

Scam Methods Scammers pose as successful crypto investors, gaining trust by claiming high returns from digital currency investments.
They use seminars, online groups, and fake apps to persuade victims with promises of 20‑30% returns.
After the investment, the system suddenly reports errors or blocks withdrawal, rendering the invested money unrecoverable.
Police Recommendations The Hanoi City Police advise citizens to: Not believe in “high return, risk‑free” investment offers.
Avoid transferring money to platforms from unknown sources.
Never share OTPs or bank details.
Do not install applications instructed by foreign contacts.
How to Prevent If you suspect a scam, immediately stop any transfer, keep evidence, and report to the police.
Before investing, verify the platform’s official registration and seek advice from independent financial advisors.