Truong My Lan, a prominent property tycoon in Vietnam, recently lost her appeal against a death sentence for orchestrating one of the largest frauds in global history. The 68-year-old was convicted of embezzling over $12 billion, equivalent to 3% of Vietnam's economy, leading to a loss of confidence in the country's financial system.
Lan's rise to wealth began modestly, selling cosmetics with her mother before venturing into real estate. She gained significant success after marrying Hong Kong investor Eric Chu and establishing the Van Thinh Phat real estate company in 1992.
