fraud case

How Vietnam’s real estate tycoon got caught in a ‘Blazing Furnace’ in country’s biggest $12.5-billion corruption scam

by

Vietnamese real estate tycoon Truong My Lan, chairwoman of Van Thinh Phat Holdings Group, has been sentenced to death for her involvement in a financial fraud totaling 304 trillion dong ($12.5 billion), marking the country’s largest financial scandal to date. The sentencing is a key moment in Vietnam’s intensifying crackdown on corruption, led by Communist … Read more