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Vietnam tycoon sentenced to death in $12 billion fraud case

From cnn.com

A court in Vietnam sentenced real estate tycoon Truong My Lan Thursday to death over her role in a 304 trillion dong ($12.46 billion) financial fraud case, the country’s biggest on record, state media reported. At the end of a trial in Vietnam’s business hub Ho Chi Minh City, the chairwoman of real estate developer Van Thinh Phat Holdings Group was found guilty of embezzlement, bribery and violations of banking rules, state media reports said. The trial, which began on March 5 and ended earlier than planned, was part of a campaign against graft that the leader of Vietnam’s ruling Communist Party, Nguyen Phu Trong, ... (full story)

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