Vietnam real estate tycoon sentenced to death in fraud case

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Published 2024-04-11

Truong My Lan, a 67-year-old Vietnamese property magnate, has received a death sentence after being convicted of embezzlement, bribery and banking violations in a scheme that defrauded the Saigon Commercial Bank of more than $12 billion over a 10-year period.

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All Comments (21)

@superiorslush5147 14 days ago

She’d get 5 years of house arrest in the US
@other-terrestriallifeform1851 14 days ago

Too bad these American companies get away with worse, they receive bonuses here
@thekeen94 14 days ago

Just imagine how many of these same people we have in the US but do nothing about it...
@stacyblanton8874 14 days ago

We need to fix America, Wall Street would be a dead street.
@roguesample 14 days ago

If our laws were like this I don’t know if we’d have any legislators, lobbyists, or Wall Street goons left to put on trial after a few weeks
@49erDiner 14 days ago

Good thing Goldman Sachs was not based in Saigon - circa 2011
@CV-dl3hj 14 days ago

If we did the same in the US we would run out of burial land.
@tobeboom 14 days ago

Life would look a lot different in the US if we handled real estate fraud like this, I guarantee.
@Maxumized 14 days ago

Here in the US, she’d get a job offer as a CEO with a multimillion $ salary
@King_leo 14 days ago

They need that kind of law for American financial crimes
@Whoknows688 14 days ago

There are no billionaires that earned their money ethically. None exist. The closest you might get is a somewhat normal heir of dirty money. The money is still dirty, though.
@michaellougheed4321 14 days ago

Wow! I wish they had those kind of penalties here in the USA!
@defund-the-media4530 14 days ago

Meanwhile in the US we sympathize with criminals
@datthebigboss4532 14 days ago

If they did that here people would think twice about doing crime
@tashashouse 14 days ago

Stiff penalty will definitely discourage others.
@DavidxBoyd 14 days ago

Imagine if Enron, Worldcom, HealthSouth and Arthur Anderson were tried in Vietnam instead of America
@robbiecoomer4790 14 days ago

In United States she would of got two days in jail and a $200.00 fine .
@dlew1871 14 days ago

That government won't take years and years to carry out the sentence either.
@Chulitatr 14 days ago

Welp, at least that country holds wealthy criminals accountable... Unlike here in the US of A.
@cornpop1157 14 days ago

How dare she be a bigger crook than the politicians..