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Truong My Lan

Explained: Vietnam’s $12 billion financial fraud, for which a businesswoman has been sentenced to death | Explained News

[ad_1] A court in Vietnam has sentenced businesswoman Truong My Lan to death for her alleged role in what is seen as the biggest recorded financial fraud in the country. The $12.5-billion scam amounts to around 3% of Vietnam’s 2022 GDP. Rising from humble origins, Lan went on to establish and chair a major real…

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Vietnam Billionaire Sentenced To Death Over Multi-Billion Dollar Fraud

[ad_1] Ho Chi Minh City: A top Vietnamese property tycoon was sentenced to death on Thursday in one of the biggest corruption cases in history, with an estimated $27 billion in damages.A panel of three hand-picked jurors and two judges rejected all defence arguments by Truong My Lan, chair of major developer Van Thinh Phat,…

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The Billionaire Facing Death Penalty In Vietnam’s “Biggest Fraud”

[ad_1] Truong My Lan has denied the charges and blamed subordinates. Hanoi, Vietnam: A top Vietnamese property tycoon could face the death penalty when she and dozens of other co-accused face verdicts on Thursday in one of the country’s biggest fraud cases over the embezzlement of $12.5 billion. Truong My Lan, chair of major developer…

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