this post was submitted on 03 Dec 2024
529 points (99.6% liked)

World News

39209 readers
3364 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 6 points 17 hours ago (1 children)

I dunno, reducing them to being not-billionaires and even not-millionaires would actually be a pretty just sentence IMO. I bet being reduced to a regular Joe would hurt some of them more than the death penalty

[–] Dasus 5 points 17 hours ago (1 children)

What's to stop them doing it all over again, given some starter money? Usually what makes these assholes so effective is their lack of empathy. That works well in capitalism.

White collar crime needs to start getting hard time in the same prisons that proper criminals go to. That'd be a deterrent, or a motivator to fix the prison systems.

[–] [email protected] 1 points 4 hours ago* (last edited 4 hours ago) (1 children)

If they can create a law that makes them no longer billionaires, I'm sure they could figure something out to prevent them from doing it again...

[–] Dasus 3 points 3 hours ago

The thing with billionaires is that they don't live in any single legal framework.

Which is why it would be so crucial to actually imprison them to get them to see any sort of consequences, as otherwise they'll just hop on a private jet and fuck off.

Literally no consequences for stealing the value of labour of hundreds of millions of people. It's crazy.

We as humanity allow these people to exist. We could just decide we don't. If we all do, simultaneously, and pinky-promise, then the problem would be dealt with.

But ever tried getting 8 billion people on a zoom call at the same time? Yeah...