Prosecutors in Vietnam are accusing Truong My Lan of orchestrating an embezzlement scheme that caused more than $20 billion in damages A property tycoon in Vietnam could face the death penalty in a corruption trial over alleged fraud that is considered the largest in the Southeast Asian nation’s history, according to local media reports. Truong My Lan, chairwoman of real estate developer Van Thinh Phat Holdings Group (VTP), allegedly embezzled over 304 trillion dong ($12.5 billion) from Saigon Joint Stock Commercial Bank (SCB), which she effectively controlled through “thousands of ghost companies” between 2012 an
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