Published 22 days ago

Vietnamese billionaire sentenced to death in $12 billion fraud case

Vietnamese billionaire Truong My Lan sentenced to death for embezzlement of $12.5 billion from Saigon Commercial Bank .
Lan, along with 85 others, including former central bankers and ex-government officials, faced sentencing in Ho Chi Minh City.
Lan's family member plans to contest the verdict issued after a five-week trial.

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BBC News

Truong My Lan: Vietnamese billionaire sentenced to death for $44bn fraud

Truong My Lan started life as a market trader. Now, she has been convicted of stealing billions.

22 days ago·United Kingdom

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The Guardian

Vietnamese property tycoon sentenced to death in $27bn fraud case

Truong My Lan set up fake loan applications to withdraw money from Saigon Commercial Bank over a decadeA property tycoon has been sentenced to death in one of the biggest corruption cases in Vietnam’s history, with an estimated $27bn (£21.5bn) in damages.A panel of three hand-picked jurors and two judges rejected all defence arguments by Truong My Lan, the chair of the major developer Van Thinh Phat, who was found guilty of swindling cash from S…

21 days ago·London, United Kingdom

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The Hindu

Vietnam property tycoon sentenced to death in multi-billion dollar fraud case

Vietnamese property tycoon sentenced to death in $27 billion corruption case, causing national outrage and protests.

21 days ago·India

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CTV News

Vietnam sentences real estate tycoon to death in its largest ever fraud case

Real estate tycoon Truong My Lan was sentenced Thursday to death by a court in Ho Chi Minh city in southern Vietnam in the country's largest financial fraud case ever, state media Thanh Nien said.

21 days ago·Canada

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CBC News

Vietnamese property tycoon given death sentence in $12B fraud case

A court in Vietnam on Thursday ordered the death penalty for a real estate tycoon found guilty in a financial fraud case totalling more than $12 billion US.

21 days ago·Canada

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NDTV

Vietnam Billionaire Sentenced To Death Over Multi-Billion Dollar Fraud

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, who was found guilty of swindling cash from Saigon Commercial Bank (SCB) over a decade. "The defendant's actions... eroded people's trust in the le…

22 days ago·New Delhi, India

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