Nearly 200 executives and employees of travel companies in Ho Chi Minh City are accused of using so-called "holiday membership contracts" to defraud victims through more than 5,500 agreements, and pocketing over VND600 billion (US$23 million).

The Hanoi police are investigating 23 companies for allegedly selling non-existent holiday memberships to defraud more than 500 victims, mostly seniors, out of VND181 billion…

Nearly 200 executives and employees of travel companies in Ho Chi Minh City are accused of using so-called "holiday membership contracts" to defraud victims through more than…