"Vietnamese Tycoon Lan Sentenced to Death for $12 Billion Fraud"

TL;DR Summary
Truong My La Lan, one of the world's richest women, has been sentenced to execution by a Vietnamese court after being convicted of embezzling $44 billion from the country's largest bank. The trial exposed the lavish lifestyle of Vietnam's elite and involved 85 co-conspirators, including her husband and banking regulators. Lan, who built her empire through property and shell companies, has been ordered to repay $27 billion, but much of the money is feared to be unrecoverable. The case has shed light on widespread corruption and bribery in Vietnam, and the verdict is seen as a warning to others involved in similar schemes.
- One of the World's Richest Women Sentenced to Execution The Daily Beast
- Vietnam tycoon sentenced to death in $12 billion fraud case CNN
- Vietnamese property tycoon sentenced to death in country’s largest financial fraud, state media reports CNBC
- Vietnam's president resigns in latest twist of anti-graft campaign shaking its fast-growing economy The Associated Press
- Vietnam Tycoon Lan Sentenced to Death Over $12 Billion Fraud Bloomberg
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