Vietnam’s ‘blazing furnace’ sees real estate mogul sentenced to death for $12 billion fraud. It’s the biggest eruption yet in Asia’s volcanic housing bust
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Tycoon’s death penalty in $12.5 billion fraud case highlights Vietnam’s corruption crisis
By Heather Chen, CNN (CNN) — The death sentence handed to a real estate tycoon in a $12.5 billion financial fraud case is the latest punishment meted out by Vietnam in the Southeast Asian country’s sweeping “blazing furnace” anti-corruption campaign. Thursday’s ruling against Truong My Lan, the former chairwoman of property developer Van Thinh Phat