Vietnam luxury property boss on trial in $355m bond scam ...Middle East

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Vietnam luxury property boss on trial in $355m bond scam
HANOI: A top Vietnamese property tycoon went on trial Tuesday accused of cheating thousands of investors in a $355 million bond scam, in the communist nation's latest criminal case targeting high-flying business leaders.Vietnam has embarked on a sweeping graft crackdown in recent years, with corrupt officials and senior business figures among 4,400 people indicted in more than 1,700 cases since 2021.Do Anh Dung, head of the Tan Hoang Minh group, which specialises in luxury offices and apartments, went on trial in Hanoi on Tuesday alongside his son Do Hoang Viet and 13 others on fraud charges.They are accused of illegally acquiring $355 million in a bond sale to 6,630 investors -- all of whom

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