{
  "id": 16396066,
  "title": "TikToker Mr Pips' girlfriend stashes 94 kg of gold from Vietnam's biggest forex scam",
  "url": "https://urgent.news/2026/10/24/tiktoker-mr-pips-girlfriend-stashes-94-kg-of-gold-from-vietnams",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-24T23:55:22.000Z",
  "source": {
    "name": "VnExpress Business",
    "slug": "vnexpress-business",
    "url": "https://e.vnexpress.net/news/business/economy/tiktoker-mr-pips-girlfriend-stashes-94-kg-of-gold-from-vietnam-s-biggest-forex-scam-5136332.html"
  },
  "original_language": "en",
  "account": "According to prosecutors, 31-year-old Nguyen Nam and his girlfriend, Nguyen Thanh Tam, were arrested in 2024 for their involvement in a major forex scam. The indictment alleges that Tam stashed 94 kilograms of gold, valued at VND222 billion, in an apartment in Ho Chi Minh City. The gold included ingots, bars, and over 500 blister packs. Authorities also seized VND44.8 billion in cash, equivalent to roughly 90 kilograms in VND's highest-denomination banknotes, as well as hundreds of thousands of dollars' worth of other foreign currencies. Additionally, dozens of land-use-right certificates were seized. Nam and his accomplices were accused of using fake forex and stock trading websites to lure victims into depositing money, which they then manipulated to their advantage. Tam acted as the money manager, working behind the scenes with her parents to direct the flow of illicit funds. The couple used two companies, South Wealth Real Estate and Tech Invest, to buy and sell properties, concealing the origins of the illegally obtained money. The indictment also reveals that Nam's parents, Tam's aunt, and an investor named Nguyen Hoa Binh were involved in the scheme, facing various charges including money laundering and property fraud. Victims allegedly lost a total of VND1.3 trillion due to the fraud, and 83 people were charged in connection with the operation.",
  "summary": "The girlfriend of TikToker Pho Duc Nam, known as Mr Pips, managed proceeds from Vietnam's largest forex scam and used the money to acquire assets worth VND384 billion (US$14.9 million), including 94 kilograms of gold.",
  "key_points": [
    "Nguyen Thanh Tam hid 94 kg gold in Ho Chi Minh City apartment",
    "Tam acted as money manager with parents in forex scam",
    "Victims lost VND1.3 trillion due to fraudulent scheme"
  ],
  "editors_take": "The use of real estate companies and family members to manage illicit funds highlights how organized financial fraud schemes leverage complex networks to conceal the origins of stolen wealth.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}