Truong My Lan, a real estate tycoon in Vietnam, was sentenced to death on Thursday in the country’s largest financial fraud case ever, state media Vietnam Net said. Lan, 67, was the chair of the real estate company Van Thinh Phat and was formally charged with fraud that amounted...
Truong My Lan, a real estate tycoon inVietnam, was sentenced to death on Thursday in the country’s largest financialfraud caseever, state media Vietnam Net said. Lan, 67, was the chair of the real estate company Van Thinh Phat and was formally charged with fraud that amounted to $12.5...
Real estate tycoon Truong My Lan was sentenced to death by a court in Ho Chi Minh City in the country’s largest financial fraud case ever, state media Vietnam Net said.
Why was Truong My Lan sentenced to death? Lan was convicted of using a network of shell companies to embezzle $27bn and misappropriate $12bn. Her sentence carries the potential for death unless she can repay three-quarters of the stolen money — meaning she must come up with $9bn. Her ...
Behind the stately yellow portico of the colonial-era courthouse in Ho Chi Minh City, a 67-year-old Vietnamese property developer was sentenced to death on Thursday for looting one of the country's largest banks over a period of 11 years. ...
Lan denied the charges and blamed her subordinates. Vietnamese property tycoon Truong My Lan (C) looks on at a court in Ho Chi Minh city, April 11, 2024, where she was sentenced to death in one of the country's biggest fraud cases, with damages estimated at $27 billion.STR/AFP/Get...
Truong My LanVietnamese billionaire sentenced to death for banking fraud that saw her stealing over $12.5 billion through bribes, fraud, embezzling and open deceit. How a former market stall vendor was able to perpetrate her crime and why it took so long before she was brought to justice. ...
HANOI--The death sentence for real estate tycoon Truong My Lan was upheld Tuesday in Vietnam's largest fraud case, the scale of which had raised concerns about the country's economy. She had been convicted in April of embezzlement and bribery over the fraud amounting to $12.5 billion, nearl...
A court in Vietnam sentenced real estate tycoon Truong My Lan to death Thursday over her role in a 304 trillion dong ($12.5 billion) financial fraud case, the country’s biggest on record, state media reported. Her trial, which began on March 5 and ended earlier t...
Vietnamese property tycoon Truong My Lan was sentenced to death for a multi-billion-dollar fraud in April 2024 in one of the biggest corruption cases in history. AFP/Getty Images Hanoi, Vietnam Reuters — A court in Vietnam on Tuesday upheld a death sentence for real estate ...