HANOI, Vietnam — Real estate tycoon Truong My Lan was sentenced Thursday to death by a court in Ho Chi Minh City in southern Vietnam in the country’s largest financial fraud case ever, state media Thanh Nien said. The 67-year-old chair of the real estate company Van Thinh Phat was accused of fraud amounting to $12.5 billion, or nearly 3% of the country’s 2022 GDP. She illegally controlled the Saigon Joint Stock Commercial Bank from 2012 to 2022 to siphon off these funds through thousands of... Read this story
