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Vietnamese tycoon faces scramble to raise billions to avoid death sentence (www.theguardian.com)

submitted 3 months ago by [email protected] to c/[email protected]

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The Vietnamese property tycoon Truong My Lan has lost her appeal against the death penalty for masterminding a multibillion-dollar fraud scandal – though she could still save her life if she can repay most of the funds she embezzled.

Lan, who founded the real-estate developer Van Thinh Phat, was sentenced to death in April for embezzling $12bn (£9.95bn) from Saigon Commercial Bank (SCB), in a case that shocked the country.

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[–] [email protected] 2 points 3 months ago (1 children)

Hope u like toast...where she gonna find 6bil???

[–] Perhapsjustsniffit 1 points 3 months ago

Can musk buy her?