Real estate tycoon Archives

Vietnam tycoon sentenced to death over US$12 billion fraud faces money laundering charge

Vietnam tycoon sentenced to death over US billion fraud faces money laundering charge

Vietnam tycoon sentenced to death over US$12 billion fraud faces money laundering charge Vietnamese police seek to prosecute real estate tycoon Truong My Lan for alleged money laundering nearly two …

Thousands of Vietnamese lament life savings lost in nation’s largest financial scam

by Walter Watson

Lan, 67, was sentenced to death on April 11 for her role in embezzling US$12.5 billion in a complex bond fraud channelled through hundreds of shell companies over 10 years. …