Real estate tycoon Truong My Lan was sentenced to death by a court in Ho Chi Minh City in the country’s largest financial fraud case ever, state media Vietnam Net said.
  • Sludgehammer@lemmy.worldEnglish
    0·
    1 year ago

    The 67-year-old chair of the real estate company Van Thinh Phat was formally charged with fraud amounting to $12.5 billion — nearly 3% of the country’s 2022 GDP.

    Wow, when your fraud starts being measured in “percentage of GDP” you know you got too greedy.