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FLC chairman
Property tycoon Trinh Van Quyet sentence reduced by 14 years to 7
Property tycoon Trinh Van Quyet’s prison sentence for fraud has been commuted to seven years from 21 by an appeal court.
Prosecutors recommend 14-year reduction in property tycoon Trinh Van Quyet’s prison sentence
Court receives 5,000 petitions seeking leniency for disgraced tycoon Trinh Van Quyet
Property tycoon Trinh Van Quyet seeks absence from trial due to 'high risk of death'
Trinh Van Quyet, the property tycoon charged with stock manipulation and fraud, did not show up at an appeal court Tuesday, with the court saying he is suffering from a serious illness that poses a “high risk of death.”
June 16, 2025 | 08:46 pm PT
Former FLC chairman Trinh Van Quyet fully pays $96M to compensate stock fraud victims
Trinh Van Quyet, the former chairman of property developer FLC who has been charged with stock manipulation, has submitted in full the VND2.5 trillion (US$96 million) required to compensate the victims of his crime.
June 7, 2025 | 07:49 pm PT
FLC chairman Trinh Van Quyet sentenced to 21 years in prison
The People’s Court of Hanoi on Monday sentenced FLC chairman Trinh Van Quyet to 21 years in prison for fraudulent appropriation of assets and stock manipulation.
August 5, 2024 | 01:45 am PT
FLC chairman Trinh Van Quyet faces jail term of 24-26 years
Prosecutors have sought a prison sentence of 24-26 years for FLC chairman Trinh Van Quyet for appropriating money through fraud and stock manipulation.
July 26, 2024 | 09:34 pm PT
FLC chairman Trinh Van Quyet estimates personal assets at $197M
Former FLC chairman Trinh Van Quyet, who is being tried for fraud, said that he has up to VND5 trillion (US$197 million) in personal assets that can be used to compensate investors for their losses.
July 23, 2024 | 11:03 pm PT
'I never intended to steal from investors': FLC chairman Trinh Van Quyet
Former FLC chairman Trinh Van Quyet told the People's Court of Hanoi Tuesday that he never intended to steal money from stock investors, but agreed with the accusations against him.
July 23, 2024 | 02:00 am PT
Accomplices of FLC chairman Trinh Van Quyet claim ignorance in signing fraudulent documents
Accomplices of former FLC chairman Trinh Van Quyet claimed to have signed documents without knowing they were used to inflate the capital of Faros Construction by thousands of times on paper.
July 22, 2024 | 11:26 pm PT
FLC chairman Trinh Van Quyet’s trial for fraud, stock manipulation begins
The trial of FLC chairman Trinh Van Quyet and his accomplices for fraud and stock manipulation opened on Monday at the People's Court of Hanoi.
July 21, 2024 | 08:59 pm PT
Court summons 100,000 investors to FLC chairman’s trial for manipulating stock
A court has summoned nearly 100,000 investors who lost money buying a stock that was allegedly manipulated by disgraced FLC chairman Trinh Van Quyet.
July 2, 2024 | 02:59 pm PT
Manipulated: The rise and rise and ultimate fall of FLC, subsidiaries’ stocks
Over a period of five years until 2022 disgraced entrepreneur Trinh Van Quyet used the old pump-and-dump trick to make a killing on the shares of his companies.
March 3, 2024 | 08:59 pm PT
Legal loopholes exposed after former FLC chairman fraud: police
The frauds committed by former FLC chairman Trinh Van Quyet and his accomplices have revealed legal loopholes concerning stock account and investment management, the police have said.
October 31, 2023 | 06:41 pm PT
FLC leader faces 'manipulation' and 'fraud' charges
Police have recommended "stock market manipulation" and "obtaining property by fraud" charges against former FLC chairman Trinh Van Quyet for stock market moves that won him VND4.332 trillion ($176.2 million).
October 28, 2023 | 04:19 am PT
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