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Real estate tycoon sentenced to death in huge $19b fraud case

Khanh Vu

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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, state media reported.

Truong My Lan, who rose from a market trader to real estate developer, was found guilty of embezzlement over a 304-trillion-dong ($19.1 billion) fraud.

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Reuters

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    Original URL: https://www.afr.com/world/asia/real-estate-tycoon-sentenced-to-death-in-huge-19b-fraud-case-20240411-p5fj8w