this post was submitted on 03 Dec 2024
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Summary

Vietnam’s High People’s Court upheld the death sentence for real estate tycoon Truong My Lan, convicted of embezzlement and bribery in a record $12 billion fraud case.

Lan can avoid execution by returning $9 billion (three-quarters of the stolen funds), potentially reducing her sentence to life imprisonment.

Her crimes caused widespread economic harm, including a bank run and $24 billion in government intervention to stabilize the financial system.

Lan has admitted guilt but prosecutors deemed her actions unprecedentedly damaging. She retains limited legal recourse through retrial procedures.

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[–] [email protected] 196 points 2 weeks ago (15 children)

All we gotta do is sentence a handful of billionaires to death and watch the behaviour change when they realize they're not insulated from consequence anymore.

[–] Hugin 42 points 2 weeks ago (3 children)

Yeah but what they are going to do is make sure they get those protections back. They aren't going to get better.

[–] [email protected] 34 points 2 weeks ago (2 children)

Then sentence more of them as necessary. Im all for sweeping changes but we're not getting them. Convincing America to kill someone seems way more likely to me.

[–] crank0271 24 points 2 weeks ago (1 children)

You didn't hear it from me, but I heard that billionaire skipped the fare on the subway...

[–] AngryCommieKender 14 points 2 weeks ago* (last edited 2 weeks ago)

Shit, that's peanuts. Every single billionaire worldwide wakes up every single day, and actively chooses to murder people. I'm not being hyperbolic.

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