Death sentence looms for Vietnamese tycoon convicted of $12.5 billion fraud

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HANOI, Vietnam—A Vietnamese real estate tycoon was convicted Thursday of fraudulently obtaining property worth billions of dollars in a case that has been a centerpiece of the government’s crackdown on corruption.

The Associated Press"> Death sentence looms for Vietnamese tycoon convicted of $12.

The Hanoi People’s Court sentenced Quyet to 21 years in prison and convicted 49 co-defendants on a variety charges, with sentences ranging from probation to multiple years in prison.

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Article Details

Author / Journalist:  Hau Dinh & David Rising | The Associated Press

Category: BusinessStartups

Markets: PhilippinesChinaOmanVietnam

Topics: Tycoon Vietnam Billion Been Sentence According Case Death Vietnamese Fraud Convicted

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-17 @ 12:01:31 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 834 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Business Mirror

News ID: 23103002

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