Truong My Lan: Vietnamese Billionaire Sentenced to Death for $44bn Fraud
In the annals of white-collar crime, few stories capture the imagination quite like that of Truong My Lan, the 67-year-old Vietnamese property developer whose spectacular rise and fall culminated in a jaw-dropping trial and a shocking verdict. The backdrop was set in the historic colonial-era courthouse of Ho Chi Minh City, where the imposing yellow portico bore witness to one of the most dramatic trials Vietnam has ever seen. Truong My Lan, once a prominent figure in the country's business circles, now stood condemned, sentenced to death for orchestrating one of the greatest bank frauds in history. At the heart of the scandal was the Saigon Commercial Bank, from which Truong My Lan siphoned an eye-watering $44 billion in loans over an astonishing 11-year period. The scale of the fraud was staggering, sending shockwaves through the nation's financial landscape. What makes Truong My Lan's case particularly noteworthy is not just the enormity of the crime, but also the rarity
