Businesswoman Truong My Lan may face the death penalty if convicted of allegations that she siphoned off the amount, nearly 3 percent of Vietnam's 2022 GDP, in its largest financial fraud case ...

From early 2018 to October 2022, when the state bailed out SCB after a run on its deposits, Lan appropriated large sums by arranging unlawful loans to shell companies, investigators said.

Truong My Lan ran eateries and hotels in her early career before coming under public scrutiny in a case totalling more than 10% of her country’s GDP.

Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group, was sentenced to death in April for her role in Vietnam’s biggest financial fraud case on record.

Vietnamese property magnate Truong My Lan has lost her appeal against a death sentence, handed down in April for her involvement in a massive fraud case. The court's decision on Tuesday, December ...

Prosecutors have called for a reduced life sentence for property tycoon Truong My Lan, citing her repayment of a quarter of the VND30 trillion (US$1.16 billion) she defrauded from thousands of ...

Lan was one of 86 defendants convicted in this large-scale anti-corruption investigation. Four people received life sentences, while others — including her husband and niece — were handed ...

The death sentence for real estate tycoon Truong My Lan has been upheld in Vietnam’s largest fraud case, the scale of which had raised concerns about the country’s economy Aniruddha Ghosal ...

The death sentence for real estate tycoon Truong My Lan was upheld Tuesday in Vietnam's largest fraud case, the scale of which had raised concerns about the country's economy. She had been convicted ...