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


  • World
  • Tuesday, 03 Dec 2024

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 in a high-profile $12 billion fraud case, 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 what was Vietnam's biggest financial fraud case on record.

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