Vietnamese tycoon faces death as court upholds verdict in staggering $12 billion fraud case: Video

Vietnamese property tycoon Truong My Lan (C) looks on at a court in Ho Chi Minh City on November 4, 2024. The appeal of a Vietnamese property tycoon given the death penalty for fraud totalling $27 billion will begin on November 4, after she pleaded for a more "lenient and humane" sentence. (Photo by STRINGER / AFP)

Vietnam's court has upheld the death sentence for tycoon Truong My Lan in a $12 billion bank fraud case. However, her life could be spared if she repays three-quarters of the embezzled assets. The court rejected her appeal, maintaining the severe penalty for her massive embezzlement, on Tuesday, December 3.

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