Vietnamese Billionaire Sentenced for USD 150 Million Stockholder Fraud ...Middle East

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Vietnamese Billionaire Sentenced for USD 150 Million Stockholder Fraud
In a landmark case reflecting Vietnam's intensified anti-corruption drive, prominent business tycoon Trinh Van Quyet was found guilty of defrauding stockholders of nearly USD 150 million. The Hanoi People's Court sentenced Quyet, 48, to 21 years in prison after a two-week trial, as reported by state-run VN Express.

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