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finance crime
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How property tycoon Truong My Lan laundered $17.5B
Truong My Lan, chairwoman of property developer Van Thinh Phat, laundered VND446 trillion (US$17.5 billion) by transferring money to shell companies, according to the police.
How Truong My Lan appropriated $1.2B from bond issuances
The police have identified property tycoon Truong My Lan as the mastermind behind a scheme to issue bonds worth VND30.87 trillion (US$1.2 billion) retail investors and never redeem them.