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Vietnamese Tycoon Truong Loses Death Sentence Appeal, Needs $BN To Save Her Life
Truong My Lan, the Vietnamese real estate tycoon, is on a mission to raise $9 billion in order to save her life. On Tuesday (Dec 3) she lost her appeal as a court upheld her death sentence for the world’s largest banking fraud. In April, she was found guilty of embezzling more than $12 billion of funds taken as a loan from the Saigon Commercial Bank, the country’s fifth biggest lender.
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