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Vietnam court upholds death sentence for tycoon in $12 billion fraud case By Reuters

News RoomBy News RoomDecember 3, 2024
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HANOI (Reuters) – A court in Vietnam on Tuesday upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal against a conviction for embezzlement and bribery, state media reported. 

Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group, was sentenced to death in April for her role in a financial fraud worth more than $12 billion, Vietnam’s biggest on record.

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