Truong My Lan, a Vietnamese real estate tycoon, was sentenced to death by a court in Ho Chi Minh City, in connection with the country's biggest fraud case, according to state media. Lan (67), who was arrested in 2022, is the chair of the real estate company Van Thinh Phat. She is accused of committing fraud worth $12 billion, which is nearly 3 per cent of the country's 2022 GDP, The Associated Press reported, citing Vietnam's Thanh Nien.
Truong My Lan, a Vietnamese real estate tycoon, was sentenced to death by a court in Ho Chi Minh City, in connection with the country's biggest fraud case, according to state media.
Lan (67), who was arrested in 2022, is the chair of the real estate company Van Thinh Phat. She is accused of committing fraud worth $12 billion, which is nearly 3 per cent of the country's 2022 GDP, The Associated Press reported, citing Vietnam's Thanh Nien.