Death sentence upheld for property tycoon in Vietnam — unless she pays $9 billion before execution
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.
Vietnamese tycoon loses death row appeal over world's biggest bank fraud
Vietnamese property tycoon Truong My Lan has lost her appeal against her death sentence for masterminding the world’s biggest bank fraud. The 68-year-old is now in a race for her life because the law in Vietnam states that if she can pay back 75% of what she took, her sentence will be commuted to life imprisonment.
A Vietnamese tycoon is scrambling to raise $9 billion to avoid execution
Truong My Lan was sentenced to death for embezzling $12.5 billion. She needs to raise $9 billion to try to commute her sentence to life imprisonment.
Court upholds death penalty for tycoon convicted of Vietnam’s largest banking fraud
Her only hope is to repay $9bn – 75 per cent of the misappropriated funds – to have her sentence commuted to life imprisonment
Vietnam court upholds tycoon’s death sentence for $12bn bank fraud
A Vietnamese court has rejected a real estate tycoon’s appeal, upholding the death sentence handed down for the embezzlement of $12bn. The court in Ho Chi Minh City ruled against Truong My Lan’s appeal in the case, which has raised concerns over the impact on the country’s economy due to the huge sums involved.
Vietnam court may commute tycoon's death sentences if she repays $11 billion
A court in Vietnam has upheld the death sentence for real estate tycoon Truong My Lan but said it could be commuted to life if she reimburses some $11 billion
Vietnam Court Upholds Death Sentence for Tycoon in $12 Billion Fraud Case
A court in Vietnam on Tuesday upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal against a conviction for embezzlement and bribery, state media reported. Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group,
Death Sentence Upheld for Tycoon in Record $12.5 Billion Fraud Case
A Vietnamese court has upheld the death sentence for real estate tycoon Truong My Lan, rejecting her appeal against convictions for embezzlement and bribery in a fraud case involving over $12 billion.
Tycoon on death row for $12 billion fraud loses appeal in Vietnam court
A court in Vietnam on Tuesday upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal against a conviction for embezzlement and bribery in a high-profile $12 billion fraud case,
Vietnam upholds death sentence, with way out
A court in Vietnam on Tuesday upheld the death sentence for real estate tycoon Truong My Lan but said it could be commuted to life if she reimburses some $11 billion, or three-fourths of what she defrauded in the country's biggest financial crime.
Vietnam court upholds death sentence for tycoon Truong My Lan
STORY: A court in Vietnam upheld a death sentence for real estate tycoon Truong My Lan on Tuesday ().Lan was sentenced to death in April for her role in what was Vietnam's biggest financial fraud case on record.
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Truong My Lan, a 68-year-old real estate tycoon, was convicted in April 2024 for using hundreds of ghost companies to control ...
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Vietnamese property tycoon Truong My Lan has been sentenced to death for orchestrating the worlds largest bank fraud, ...
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Saigon Commercial Bank pulls plug on online money transfer
Saigon Commercial Bank, which has been embroiled in a lawsuit against property mogul Truong My Lan, will stop offering money ...