Death Penalty in a Vietnam Fraud Case

A court in Vietnam sentenced property tycoon Truong My Lan to death for her role in the nation’s $12.5 billion fraud case, the nation’s largest-ever, an unusually severe punishment capping a dramatic trial amid a sweeping government crackdown on corruption.  The $12.5 billion amounts to nearly 3% of Vietnam’s GDP in 2022.

And in another fraud case, this one in the US involving much more money, FTX founder Sam Bankman-Fried appealed the 25 year prison sentence and fraud conviction he was handed, which included an order to pay $11 billion in forfeiture for his fraudulent schemes.  Bankman-Fried was found guilty of seven counts of fraud and conspiracy last November before last month’s sentence.