Le Quang Vu, 40, is under investigation for "abuse of trust to appropriate property," the police announced Friday.
According to the police, Vu rented a Porsche from Nguyen Hoang Sang, 33, in Hue on December 20, 2021, and then later, pawned the vehicle for VND4 billion.
He used part of the money to pay off loans and spent the rest on other personal expenses
As Vu failed to return the car on the due date, Sang found out his car had been pawned so he reported it to the police.