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] 18 points 18 hours ago (2 children)

They defrauded 12 billion, only have to pay 9? Sounds like they just made 3 billion.

[–] captainlezbian 28 points 17 hours ago

Return 3/4 of what was stolen to get execution downgraded to life imprisonment that’s not getting away with it.

That said, my general opposition to the death penalty does influence me here.

[–] [email protected] 4 points 17 hours ago

If these fucks face a realistic prospect of getting their heads chopped off? Sure, let 'em roll those dice.