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HANOI, Vietnam (AP) — Real estate tycoon Truong My Lan faces the death penalty in a trial that began Tuesday over alleged fraud amounting to $12.5 billion — nearly 3% of the country’s 2022 GDP and Vietnam’s largest financial fraud case on record.
HANOI — The trial in Vietnam's largest financial fraud case on record begins on Tuesday (March 5), with nearly 90 defendants accused of being part of a US$12 billion (S$16 billion) scam, for which some of them risk the death penalty.