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Trinh Van Quyet
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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.
Former FLC chairman Trinh Van Quyet denies fraud accusation
The former chairman of property developer FLC has denied the police’s accusation he falsely inflated the capital of a subsidiary and sold it to earn VND3.6 trillion (US$146 million).
FLC yacht price drops 36% at seventh auction
After six failed attempts due to lack of bidders, lender BIDV plans to again try and auction a yacht belonging to embattled company FLC.
January 22, 2024 | 09:00 pm PT
FLC yacht price plunges 27% in sixth auction
The starting price for the FLC Albatross yacht has been reduced by 27% to VND25.8 billion ($1.05 million) in its sixth auction attempt, as it has not found a buyer in over a year.
January 12, 2024 | 04:57 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
How former FLC chairman earned $146M from stock manipulation
Former FLC chairman Trinh Van Quyet had instructed his sisters and employees to manipulate trading of shares worth VND3.6 trillion ($146 million) in a subsidiary.
October 29, 2023 | 08:24 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
How FLC plans to restructure
Conglomerate FLC plans to restructure after nearly a year of chaos by focusing on property development and resort operations and selling an unspecified stake in Bamboo Airways.
March 8, 2023 | 08:21 pm PT
Auction price for Trinh Van Quyet's Rolls-Royce has plunged by a third
The Rolls-Royce Phantom owned by Trinh Van Quyet, former FLC chairman, is being auctioned with a starting price of VND18.4 billion ($773,352), down 34% from three months ago when it was first put up for sale.
February 24, 2023 | 12:09 am PT
Trinh Van Quyet’s Rolls-Royce reserve price plunges in 5th auction attempt
The impounded Rolls-Royce Ghost belonging to former FLC chairman Trinh Van Quyet is set to go under the hammer again with the reserve price falling to VND8.8 billion ($373,100).
December 23, 2022 | 10:10 pm PT
Trinh Van Quyet’s Rolls-Royce fails to sell in 3 auctions
The gold-plated Rolls-Royce Ghost and FLC Albatross yacht, which are collateral for the debts of FLC subsidiaries, will be auctioned for the fourth and third time respectively after previous sessions attracted no buyers.
November 22, 2022 | 03:31 am PT
No bids for Vietnamese business magnate's second Rolls-Royce
The second Rolls-Royce pledged as collateral by former FLC chairman Trinh Van Quyet failed to attract any bid Tuesday and it will go under the hammer again later this month.
November 14, 2022 | 11:18 pm PT
Trinh Van Quyet's Rolls-Royce fails to sell, twice
The second auction of former FLC chairman Trinh Van Quyet’s Rolls-Royce attracted zero bidders, with the option of a third as yet uncertain.
November 9, 2022 | 12:55 am PT
No bids for multi-million dollar FLC yacht
The auction of a luxury yacht belonging to property firm FLC didn’t go through Friday after no one made a bid for it.
November 4, 2022 | 04:20 am PT
A closer look at Trinh Van Quyet’s gold-plated Rolls-Royce
The gold-plated Rolls-Royce Ghost owned by disgraced FLC chairman Trinh Van Quyet is being displayed for a second auction after the first failed to attract buyers.
October 26, 2022 | 07:31 pm PT
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