Newsweek · 1d
Death Sentence Upheld for Tycoon in Record $12.5 Billion Fraud Case
A Vietnamese court has upheld the death sentence for real estate tycoon Truong My Lan, rejecting her appeal against convictions for embezzlement and bribery in a fraud case involving over $12 billion. This amount represents nearly three percent of Vietnam 's 2022 GDP, marking the country's largest recorded financial fraud.
NBC News · 1d
Court rejects real estate tycoon Truong My Lan's death sentence appeal in Vietnam
A Vietnamese court rejected the appeal of real estate tycoon Truong My Lan but kept the door open for her death sentence to be commuted if she pays back three-quarters of the fraud amount, state media VN Express reported.
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