Truong My Lan

2024 - 4 - 11

Vietnamese Billionaire Sentenced to Death in $12 Billion Fraud Case: Shocking Details Revealed

vietnamese death sentence corruption - death penalty - financial crime - fraud - Truong My Lan - Vietnam - vietnamese death sentence

Vietnam is abuzz with the news of Truong My Lan, a real estate tycoon facing death for a $12 billion fraud case. Find out the jaw-dropping details behind the largest fraud scandal in Vietnamese history!

Vietnam is reeling from the shocking trial of Truong My Lan, a Vietnamese billionaire sentenced to death for her involvement in a $12 billion fraud case. The trial, described as one of the most spectacular in Vietnam, uncovered the incredible extent of the bank fraud that shook the country. Truong My Lan, the 67-year-old developer and chair of Van Thinh Phat real estate company, was charged with embezzling billions from a bank, eroding people's trust in the ruling Communist party. The court's verdict of death for Lan has sent ripples through Vietnam, highlighting the harsh consequences of financial crimes. This case marks a significant milestone in Vietnam's fight against corruption, showcasing the country's commitment to upholding justice and integrity. The sentencing of Truong My Lan serves as a grim warning to others who may consider engaging in fraudulent activities.

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Image courtesy of "BBC News"

Truong My Lan: Vietnamese billionaire sentenced to death for $44 ... (BBC News)

It was the most spectacular trial ever held in Vietnam, befitting one of the greatest bank frauds the world has ever seen. Behind the stately yellow portico ...

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Image courtesy of "Aljazeera.com"

Vietnam tycoon Truong My Lan sentenced to death in $12.5bn fraud ... (Aljazeera.com)

The largest case of fraud in Vietnam's history has been uncovered as part of a major state anticorruption drive.

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Image courtesy of "CBS News"

Vietnam property tycoon Truong My Lan sentenced to death in ... (CBS News)

A Vietnam court sentenced developer Truong My Lan to death for swindling billions from a bank, saying she "eroded people's trust" in the ruling Communist ...

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Image courtesy of "ABC"

Vietnamese real estate tycoon sentenced to death in country's ... (ABC)

The 67-year-old chair of real estate company Van Thinh Phat was charged with fraud amounting to $US12.5 billion ($19.1 billion). At the time she was arrested in ...

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Image courtesy of "CNN"

Vietnam tycoon sentenced to death in $12 billion fraud case (CNN)

A court in Vietnam sentenced real estate tycoon Truong My Lan Thursday to death over her role in a 304 trillion dong ($12.46 billion) financial fraud case, ...

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Image courtesy of "The Washington Post"

Vietnam sentences real estate tycoon Truong My Lan to death in its ... (The Washington Post)

HANOI, Vietnam — 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 ...

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Image courtesy of "Sky News"

Vietnam: Property tycoon Truong My Lan sentenced to death after ... (Sky News)

Truong My Lan is sentenced for her role in a $12.5bn fraud case as part of a major crackdown on corruption in Vietnam.

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Image courtesy of "Fortune"

Real estate tycoon sentenced to death for her role in $12 billion ... (Fortune)

The main case against Truong My Lan was that she embezzled funds from Saigon Commercial Bank between February 2018 and October 2022.

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Image courtesy of "PBS"

Vietnam sentences real estate tycoon Truong My Lan to death in ... (PBS)

The 67-year-old chair of real estate company Van Thinh Phat was accused of fraud amounting to $12.5 billion — nearly 3 percent of the country's 2022 GDP.

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Image courtesy of "The Washington Post"

Vietnamese court sentences tycoon to death in multibillion-dollar ... (The Washington Post)

Vietnam's death penalty is used as punishment for white-collar crimes, according to human rights groups.

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Image courtesy of "The Australian Financial Review"

Vietnam real estate tycoon Truong My Lan sentenced to death in ... (The Australian Financial Review)

Hanoi | A court in Vietnam handed the death sentence on Thursday to a real estate tycoon for her role in the country's biggest financial fraud case, ...

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Image courtesy of "The Sydney Morning Herald"

Real estate tycoon sentenced to death in $19.1b fraud case (The Sydney Morning Herald)

The court found Lan ran an orchestrated criminal enterprise that had serious consequences, with no possibility of the money being recovered.

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