November 5, 2024

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A Vietnamese real estate tycoon has been sentenced to death in a fraud case

A Vietnamese real estate tycoon has been sentenced to death in a fraud case

Vietnamese real estate tycoon Truong My Lan, center, looks on at a court in Ho Chi Minh City on April 11, 2024.

Street | AFP | Getty Images

Vietnamese real estate mogul Truong My Lan was sentenced to death on Thursday for her involvement in the country's largest financial fraud case, state media Thanh Nien reported. mentioned.

Lan was convicted of embezzlement, bribery and violating banking rules related to lending. She was sentenced to death on the embezzlement charges and 20 years in prison on each of the other two charges, according to state media.