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Vietnam sentences real estate tycoon Truong My Lan to death in largest ever fraud case: AP explains (Video)

A Vietnamese real estate tycoon has been sentenced to death in the country's biggest ever financial fraud case, a shocking development in an intensifying anti-corruption drive in the southeast Asian nation. Truong My Lan, a high-profile businesswoman who chaired a sprawling real estate company, was arrested in 2022. The 67-year-old was accused of fraud amounting to $12.5 billion, nearly 3% of the countrys 2022 GDP.

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Vietnam sentences real estate tycoon Truong My Lan to death in largest ever fraud case: AP explains (Video)
Description

A Vietnamese real estate tycoon has been sentenced to death in the country's biggest ever financial fraud case, a shocking development in an intensifying anti-corruption drive in the southeast Asian nation. Truong My Lan, a high-profile businesswoman who chaired a sprawling real estate company, was arrested in 2022. The 67-year-old was accused of fraud amounting to $12.5 billion, nearly 3% of the countrys 2022 GDP. Subscribe: http://smarturl.it/AssociatedPress Read more: https://apnews.com This video may be available for archive licensing via https://newsroom.ap.org/home

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