Vietnam sentences real estate tycoon Truong My Lan to death in its largest-ever fraud case
Vietnam sentences real estate tycoon Truong My Lan to death in its largest-ever fraud case
Real estate tycoon Truong My Lan was sentenced to death by a court in Ho Chi Minh City in the country’s largest financial fraud case ever, state media Vietnam Net said.
You're viewing a single thread.
The 67-year-old chair of the real estate company Van Thinh Phat was formally charged with fraud amounting to $12.5 billion — nearly 3% of the country’s 2022 GDP.
Wow, when your fraud starts being measured in "percentage of GDP" you know you got too greedy.
According to prosecutors, over a period of three years from February 2019, she ordered her driver to withdraw 108 trillion Vietnamese dong, more than $4bn (£2.3bn) in cash from the bank, and store it in her basement.
That much cash, even if all of it was in Vietnam's largest denomination banknotes, would weigh two tonnes.
From a BBC article
Dang, that's a lotta dong.
That's what she said
Ha. Thoroughly nose exhaled. 10/10
She likes dong even more than OPs mom
Let’s not be ridiculous, OP’s mom can handle a lot more dong.