Key Points About the Vietnamese Real Estate Mogul Sentenced to Death in Fraud Case
Jammu, April 11 -- What to know about the Vietnamese real estate tycoon sentenced to death in fraud case
HANOI, Vietnam - A Vietnamese real estate tycoon was sentenced to death Thursday in the country's biggest ever financial fraud case, a shocking development that underlines an intensifying anti-corruption drive in the southeast Asian nation.
Truong My Lan, a high-profile businesswoman who chaired a sprawling company that developed luxury apartments, offices and shopping malls, was arrested in 2022. The 67-year-old was formally charged of fraud amounting to $12.5 billion -- nearly 3% of the country's 2022 GDP.
Lan's arrest, her sentencing, and the scale of the scam shocked the nation and beyond. Death sentences are not uncommon in Vie...
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