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Trinh Van Quyet fraud
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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.
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.
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
How stock exchange leaders helped FLC chairman scam $146M
Four former leaders of the Ho Chi Minh Stock Exchange (HoSE) helped former FLC chairman Trinh Van Quyet inflate a subsidiary’s capital and list its shares on the bourse to scam VND3.6 trillion ($146 million) from investors.
February 26, 2024 | 04:25 am PT