Vietnamese Tycoon Gets Life Sentence in Second Fraud Trial (3)

Oct. 17, 2024, 10:05 AM UTC

A Vietnamese real estate tycoon facing the death penalty for fraud was sentenced to life in prison after being found guilty on additional charges, showing the extent of the ruling Communist Party’s determination to crack down on corruption.

Truong My Lan was convicted of fraudulent appropriation of property, money laundering and illegally transporting currency across international borders.

While Vietnam has embarked on a sweeping anti-corruption crackdown that has forced top government officials to step down and sent some senior executives to jail, Lan’s case has grabbed global attention due to the severity of the sentences. Closer to home, the Communist ...

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