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HANOI, Vietnam (AP) — A Vietnamese real estate tycoon was sentenced to death Thursday in the country’s biggest ever financial fraud case, a shocking development in an intensifying anti-corruption drive in the southeast Asian nation. Truong My Lan, a high-profile businesswoman who chaired a sprawling company that developed luxury apartments, hotels, offices and shopping malls, […]

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Real estate tycoon Truong My Lan was sentenced Thursday to death by a court in Ho Chi Minh City in southern Vietnam in the country's largest financial fraud...

Businesswoman Truong My Lan, front center, attends a hearing Thursday, April 11, 2024, in Ho Chi Minh City, Vietnam. Than Tung/AP Hide title Change the

The procession to the Hung Kings Temple is a central element of festival (Photo: VNA) Every April sees millions of people from all corners of the country and international tourists flocking to the Hung Kings Temple Festival in the northern province of Phu Tho, one of the country’s largest annual cultural and religious events, to…

Real estate tycoon Truong My Lan was sentenced Thursday to death by a court in Ho Chi Minh City in southern Vietnam in the country's largest financial fraud...

Truong My Lan, chairwoman of Van Thinh Phat Holdings Group, has been sentenced to death for her role in a $12.5 billion financial fraud, the largest in Vietnams history. The verdict is part of Vietnams crackdown on corruption led by General Secretary Nguyen Phu Trong, with 84 defendants receiving sentences ranging from probation to life imprisonment. Lans case highlights the pervasive nature of corruption in Vietnams state and economy, with the "Blazing Furnace" campaign targeting seni...

Real estate tycoon Truong My Lan was sentenced Thursday to death by a court in Ho Chi Minh City in southern Vietnam in the country's largest financial fraud...

While Truong My Lan's arrest and the scale of the scam shocked the nation, the case has raised questions about whether other banks or businesses had similarly erred, dampening Vietnam’s economic outlook and making foreign investors jittery.

Real estate tycoon Truong My Lan was sentenced Thursday to death by a court in Ho Chi Minh City in southern Vietnam in the country's largest financial fraud...