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Vietnam tycoon Truong My Lan sentenced to death in $12.5bn fraud case


BREAKING,

The largest case of fraud in Vietnam’s history has been uncovered as part of a major state anti-corruption drive.

A court in Vietnam has sentenced a property tycoon to death over her role in a $12.5bn financial fraud case, the country’s largest on record.

Truong My Lan, chair of major developer Van Thinh Phat, was found guilty of embezzlement, bribery and violations of banking rules at the end of a trial in Ho Chi Minh City on Thursday, according to state media.



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