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International Business Times
International Business Times
Business
Lam NGUYEN

Victims Of Vietnam Tycoon's Record Scam Count Losses After Sentence

Nguyen Thi Huong (L) and Hoang Thi Cuc (R) are among the victims of a multi-billion dollar fraud case that sent shockwaves across Vietnam (Credit: AFP)

A decade of selling diapers and baby products earned Nguyen Thi Huong a modest savings of $20,000 but her earnings vanished in Vietnam's biggest-ever scam that has seen the tycoon responsible sentenced to life in prison.

Tens of thousands of people have been defrauded in the multi-billion dollar case that sent shockwaves across the communist nation, with mastermind Truong My Lan jailed for life on Thursday after being given the death penalty in a separate embezzlement case.

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