A Vietnamese property tycoon accused of embezzling $12.5 billion begins her trial

HANOI, Vietnam (AP) — Real estate tycoon Truong My Lan faces the death penalty in a trial that began Tuesday over alleged fraud amounting to $12.5 billion — nearly 3% of the country’s 2022 GDP and Vietnam’s largest financial fraud case on record. The 66-year-old chair of the real estate company Van Thinh Phat allegedly … Read more