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.
Vietnam court may commute tycoon’s death sentences if she repays $11 billion
A court in Vietnam has upheld the death sentence for real estate tycoon Truong My Lan but said it could be commuted to life if she reimburses some $11 billion.
Death sentence upheld for property tycoon in Vietnam — unless she pays $9 billion before execution
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.
Death sentence for real estate tycoon Truong My Lan upheld in Vietnam's largest fraud case
The death sentence for real estate tycoon Truong My Lan has been upheld in Vietnam’s largest fraud case, the scale of which had raised concerns about the country’s economy
Vietnam Court Upholds Death Sentence for Tycoon in $12 Billion Fraud Case
A court in Vietnam on Tuesday upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal against a conviction for embezzlement and bribery, state media reported. Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group,
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.
Vietnamese court upholds death sentence of real estate tycoon Truong My Lan
A Vietnamese appeals court on Tuesday upheld the death sentence for wealthy real estate entrepreneur Truong My Lan, local media reported.
Vietnamese tycoon told to repay billions in fraud case to avoid death penalty
Vietnamese tycoon Truong My Lan can avoid execution for orchestrating a $12bn fraud if she repays three-quarters of the misappropriated funds, a court ruled on Tuesday. The chair of property developer Van Thinh Phat Group was sentenced to death in April after being found guilty of embezzling 304tn dong from Vietnam’s Saigon Joint Stock Commercial Bank (SCB).
Vietnamese tycoon loses death row appeal over world's biggest bank fraud
Vietnamese property tycoon Truong My Lan has lost her appeal against her death sentence for masterminding the world’s biggest bank fraud. The 68-year-old is now in a race for her life because the law in Vietnam states that if she can pay back 75% of what she took,
Death sentence for tycoon Truong My Lan upheld in Vietnam's largest fraud case
A court in Vietnam has upheld the death sentence for real estate tycoon Truong My Lan but said it could be commuted to life if she reimburses some $11 billion
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