A Vietnamese real estate tycoon has been given an ultimatum after committing what prosecutors have called the nation's largest financial fraud; pay $9 billion, or die.
Truong My Lan, 68, chairwoman of the Van Thinh Phat Group, orchestrated a decade-long scheme from 2012 to 2022, fraudulently withdrawing $27 billion from Saigon Commercial Bank (SCB) through shell companies and fake loans, BBC reported.
