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Vietnam Billionaire Sentenced To Death For Biggest Scam

Truong My Lan, a prominent figure in Vietnam’s real estate sector and chair of Van Thinh Phat, has been sentenced to death by a court in Ho Chi Minh City. The 67-year-old was convicted in connection with the country’s largest fraud case, involving $12 billion, or nearly 3% of Vietnam’s 2022 GDP.

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